Allianz signs up for a further five years with Evolution Underwriting

Commercial underwriter Evolution Underwriting has agreed a new five-year capacity deal with Allianz.

The deal covers property, casualty, excess of loss and motor lines business until at least 2016.

Evolution chief executive Paul Upton said: “We are delighted to continue our long and productive relationship with Allianz.

“We value continuity of relationship with our insurers very highly, and to be able to bring the security that Allianz offers to independent regional brokers enhances our proposition in the long term.”

Allianz head of property and casualty Steve Coates added: “Evolution has proved it has the systems, controls and governance that we are looking for in our MGA partnerships, and this is why we are delighted to renew our relationship with them.”

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