Allianz forms in-house financial lines claims unit

Dedicated team to focus on D&O and professional indemnity

Allianz forms in-house financial lines claims unit

Claims

By Terry Gangcuangco

Allianz has created an in-house financial lines claims unit in Milton Keynes dedicated to mid-corp and SME businesses, in addition to the insurer’s existing expertise in handling such claims for large-corp and specialty segments.

“Developing our mid-corp and SME financial lines claims team ensures that we can deliver the best possible service to both our brokers and customers, ensuring that they are supported every step of the way – from their product requirements through to claims processing and legal advice if needed,” Allianz Commercial casualty claims head Mark Merrix (pictured) said in an emailed release.

The in-house team will focus on the company’s directors & officers and professional indemnity propositions, with specialist solicitors Clyde & Co on hand to provide legal support in more complex matters.

Allianz said the new unit will also work “hand in hand” with the insurer’s underwriting teams.

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