Allianz scoop General Insurer of the Decade at British Insurance Awards
Allianz has been recognised for its incredible success over the last 10 years after it was named ‘General Insurer of the Decade’ at the 2014 British Insurance Awards. Allianz also picked up the award for Underwriter of the Year.
The award, in part, is representative of Allianz's investment in providing our business partners and customers with the best products and services available and is part of our ongoing commitment to help support and develop your business.
Our market has been subject to change, challenge and uncertainty throughout the last decade, however, our approach has remained consistent. Through correct processes and secure governance, we have continued to deliver market products and solutions designed around the needs of the customer. This has enabled us to enhance our product offering and pricing capability, and improve the way in which we engage with your business and your customers.
This has led to unmatched performance in our sector including:
- A portfolio approach to ATE insurance, whether for Personal Injury or Civil Litigation
- Sustainable pricing models, with shared data analysis to enable improved risk assessment protocols
- Consumer Legal Services delivering an accessible, transparent legal solution for individuals
- Business Legal Services developed around the legal needs of specific sectors
- Motor Fleet Legal Expenses with timely recovery reports aimed at reducing the amount of insured outlay a business carries
- The doubling of our GWP turnover in the last 5 years to £95m
- A combined operating ratio (COR) never higher than 88%
- Redesign of our ATE products to provide security to claimants in a post LASPO world, and provide our business partners with a competitive advantage
- ATE premiums that have proven to be proportionate, risk based and ultimately recoverable
None of this would have been possible without the support from our business partners. Furthermore we would like to reiterate Allianz's appetite to continue to write business with you and achieve profitable growth for both of our businesses over the next 10 years.
Thank you, from everyone at Allianz Legal Protection.