Click on the advert above to visit the company web site

Product category: General insurance
News Release from: Allianz Cornhill Insurance plc | Subject: Insurance
Edited by the Insidemoneytalk Editorial Team on 23 February 2007

Allianz Cornhill Commercial launches
excess of loss

Allianz Cornhill Commercial has launched Excess of Loss, its first new product for 2007, aimed at businesses that require a 'top-up' of their public liability cover.

Excess of loss sits in excess of the existing primary insurance limit and mirrors the cover provided by the primary policy Steve Coates, underwriting facility and development manager, Allianz Cornhill Commercial comments; "We are committed to continually reviewing and updating our product range to ensure that we help our brokers meet the needs of their customers"

"Court awards for injuries and also costs in re-instating damaged property are continuing to grow, therefore, more and more businesses feel that it's prudent to buy even higher public liability limits." Gavin Dollings, casualty manager, added; "This product is already provided by Allianz Group companies around the world and we have secured assistance from them in building our product and strategy".

"We anticipate a great demand for this policy and we will become a long-term player in this market." Excess of Loss covers general public liability and product risks and, in addition, risks from the construction sector.

Underwriting acceptance is wide enough to offer solutions to most clients.

For more information visit www.allianzebroker.co.uk/excessofloss Ends 22 February 2007.

• Allianz Cornhill Insurance plc: contact details and other news
• Email this article to a colleague
• Insidemoneytalk Home Page

Search the Pro-Talk network of sites