Allianz has launched a series of new Risk Appetite Guides to make it easy for brokers to provide insurance solutions that meet their clients’ needs.
The guides, developed across several Allianz Commercial products as well as Workers Compensation (applicable to ACT, TAS, WA and NT), will help brokers determine which types of risks Allianz prefers to insure, and provide clarity around the referral guidelines.
Each guide will provide an overview of the most common sectors that Allianz covers, and the associated risk considerations, to assist brokers in gaining a quote for their clients.
General Manager of Underwriting, Andy Doran said, “Allianz has a wide risk appetite, which is good news for brokers. These Risk Appetite Guides are designed to provide clarity on the risks that we prefer to insure, risks that require more information, and those that we may not want to write.
“With Allianz, a large amount of business can be priced automatically. However, it can be helpful for brokers to know in advance where they may need to provide more information or if a risk falls outside our risk appetite.
“We plan to develop more Risk Appetite Guides for further types of insurance into the future to continue to support brokers and their clients,” he said.