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Allianz Australia launches new specialist marine underwriting agency

Sydney, 5 March 2012

Allianz Australia is pleased to announce the launch of a new specialist marine underwriting agency.

Allianz Marine & Transit (AM&T) will manage the underwriting, claims and business development for non-pleasurecraft marine business across Australia and New Zealand. AM&T will complement Allianz’s industry leading pleasurecraft insurer, Club Marine.

The AM&T agency will be led by Stephen Ford, one of Australia’s foremost marine underwriting specialists, who has extensive marine industry insurance experience both here and overseas. The agency will harness the expertise and experience of existing Allianz marine insurance staff and will be headquartered in Sydney.

Stephen commented, “I’m excited by the opportunity to develop a specialist marine business for Allianz in Australia. Allianz has an impeccable marine pedigree, a fantastic market reputation, and a powerful local and international distribution network. I’m looking forward to delivering a highly focused and dedicated marine proposition to brokers and customers throughout Australia and New Zealand.”

Jonathan Poole, Chief General Manager for Broker and Agency business for Allianz Australia, said, “Allianz is the world’s largest marine insurer and we recognise that these specialist portfolios are best served by specialist capabilities housed in focused agency structures. I’m delighted to be launching Allianz Marine & Transit, and I am confident the team led by Stephen will develop a market leading business based upon deep industry knowledge, backed by an outstanding service and claims proposition for our brokers and customers.”

Allianz Australia

General Insurance Company of the Year 2009, 2011*
Best General Insurance Company of the Year 2010, 2007,2006**

Allianz Australia delivers a wide range of personal, commercial and corporate insurance products and services to more than 2 million policyholders. Over 50% of Australia’s top 200 BRW-listed companies have some form of insurance cover with the group and the group provides workers compensation services to around one-fifth of Australian employees.

*Australia & New Zealand Insurance Industry Awards
**Australian Banking and Finance Insurance Awards