Aventum-owned MGA secures five-year capacity deal with Allianz

Aventum-owned MGA Rokstone has secured a new five-year capacity arrangement with Allianz Commercial.

The deal will see the two firms collaborate to develop existing programmes and new opportunities across a range of commercial insurance lines.

They will have a particular focus on specialty business such as natural resources, construction and marine. Propositions will be provided through Rokstone’s MGA platform.

Ian Anson, global chief executive at Rokstone, said: “Specialty underwriting, agility and technological disruption are at the heart of our culture, whilst Allianz is unquestionably one of the finest insurance brands in the world with market-leading ratings, global reach and deep underwriting expertise.

“I strongly believe that the strengths of our organisations complement each other and will benefit both parties greatly.”

’Capable partner’

The agreement follows a series of capacity agreements established between Allianz Global Corporate and Specialty SE and Rokstone over the past four years, covering target business for Allianz internationally.

Vanessa Maxwell, Allianz Commercial’s chief underwriting officer, said: “With the extension of our collaboration with Rokstone, we want to underline our commitment to targeted expansion in commercial and specialty insurance on a global level.

“We are pleased to be working with such a capable partner as Rokstone to deliver exceptional service to our clients worldwide.”