Allianz expands product offering for Marsh Networks members

Marsh Networks and Allianz Insurance are expanding the insurer’s range of commercial products available to members to address concerns about brokers losing more SME business to the direct channel.

Members will gain access to products that are targeted at SME commercial clients, which include increased limits across property damage, business interruption, contract works, loss of rent and general liability.

Head of Marsh Networks Martin Denney said: “Marsh Networks is committed to providing its members with a differentiated product portfolio that equips them to compete more effectively and write more business.

“Today’s announcement with Allianz is a significant development and addresses key concerns our members have about losing more SME business to the direct channel.”

The cover can be written via Allianz’s QuoteSME e-trading platform, which enables brokers to quote, buy, adjust and renew in seconds, and receive policy documentation immediately.

Allianz Commercial director of SME markets David Martin said: “We are delighted to have extended our successful relationship with Marsh Networks.

“We want to remain a key trading partner for its broker members, and that is why we are focused on shaping products to exactly match the needs of their end customers.”