Nexus Signs Delegated Authority Deal With Allianz Global Corporate & Specialty May 3, 2021
Allianz Global Corporate & Specialty (AGCS) and Nexus Group announced a four year strategic underwriting and claims delegated authority agreement for small and medium-sized enterprises (SMEs) customers.
Nexus, a specialty managing general agent, will underwrite and handle claims for primary and excess business on behalf of AGCS, Allianz’s entity for large-scale corporate and specialty risks.
The agreement has a gross written premium capacity of £50 million in the first year and covers multiple Financial Lines products – including Professional Indemnity (PI), Directors and Officers Liability, Crime and Pension Trustee Liability – for customers operating in the Financial Services and Commercial industries.
Allianz (AGCS) revamps financial lines leadership in the UK
26-01-2021
09-02-2021
Allianz Group s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has revamped the leadership of its financial lines business in the regional unit London (RUL) & Nordics team, which covers the UK, Ireland, Nordic countries and the Middle East.
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