SSP's business network, KC Partners, names Allianz as first partner for new commercial initiative
KC Partners has appointed Allianz Insurance as the first strategic partner for its new commercial initiative.
Recently, KC Partners, SSP's business network, said it was enhancing its commercial lines proposition in order to provide brokers with access to a wider range of innovative products and services from some of the UK’s leading commercial lines insurers.
Liz Latter, head of KC Partners, said, “We are delighted that Allianz Insurance is to be our first strategic partner on commercial lines.
"Allianz Insurance is already a key provider of commercial lines products to our members and this closer relationship will enable us to further develop their trading relationship with our members.”
The KC Partners commercial initiative is in response to its members changing business profiles, which have shown a significant increase in the proportion of commercial lines business transacted.
With commercial lines increasingly being traded electronically, one of the key areas for the partnership is to continue to develop and increase the number of products that can be traded in this way.
Commenting on the partnership, Chris Hanks, general manager of Allianz's commercial division, said, “I am extremely pleased to build on our market leading position in e-trading with this partnership with the largest supplier of broker systems."
KC Partners is believed to be in advanced negotiations with a number of other leading insurers that are committed to the broker channel to join its strategic panel for commercial lines.
