Allianz UK has enhanced both its appetite for digitally traded financial lines risks as well as the data enrichment capabilities applied during the quote process. The carrier says this will make it easier for brokers to submit a wider range of risks online through QuoteSME and imarket.
Complete D&O cover is now available for businesses with a turnover of up to £200m while professional indemnity is available for businesses with a fee income of up to £10m and a turnover of up to £100m.
Eibhlin Swan, director of digital trading at Allianz UK, said: “This is another important step in making it easier for brokers to trade financial lines business with Allianz. We know brokers value speed, simplicity and access to underwriting expertise, and these enhancements are designed to support that.
“Our enhanced thresholds significantly extend the range of risks brokers can trade online, while improved data enrichment is helping us make faster decisions at quote stage. Early results are encouraging, with improved match rates, fewer referrals and stronger quote rates across QuoteSME and imarket.”