Allianz Commercial in the United Kingdom

Structured multi-year/multi-line solutions

• Address gaps caused by non-availability of traditional cover, e.g., Commercial Auto, Property, D&O
• Often contain elements of risk financing/profit sharing, for clients who want to retain risk, but still need to manage volatility
• Bespoke solutions that manage risk in an integrated way across lines and years
• Long term arrangements, but able to adapt as needs change
• Captive Solutions
  
  
• Multi-line and multi-year global fronting as a stand-alone service
• Structured per event and aggregate excess of loss captive reinsurance
•  
• Virtual Captive Solutions
  
  
• Insurance framework designed to create the economic benefits of a captive, when an actual captive is not a viable option

• Broad range of P&C lines of business or a combination thereof
• Can include both traditional and non-traditional elements, including parametric triggers
• Global Fronting capability expands across 200+ countries and on a multi-line and multi-year basis, if needed
• Transactions up to 5 years tenure
• Capacity typically €25m per occurrence, €50m per annum (or equivalent in other currency), but can be lower or higher depending on structure
• Risk Financing structures work best where traditional RoL > 10% and/or when the cost of combined average claims in the long term is significantly lower than the equivalent external premium spend

• Reinsurance for insurance companies
• Financial risks coverage; e.g. mortgage portfolios, capital relief
• Unmitigated credit risks
• Life insurance
• Business and systematic risks

• Airlines
•  
• Selectively Increased line sizes
• New business (especially as Lead)
• Start-up airlines
• Broad appetite to grow across portfolio
•  
• General Aviation
•  
• Selectively increased line sizes
• Co-insurance business
• Commercial fixed and rotor wing
• Industrial aid
• Broad appetite to grow across portfolio
•  
• Aerospace
•  
• Increased line sizes
• Broad appetite to grow across portfolio

Airlines: Average target line 10%

General Aviation: US$ 300m (Liabilities), US$ 75m (Hulls)

Aerospace: MR OEM and GA OEM max line 10% NMR US$ / € 200m

Airlines: Banks and Lessors Contingent; Hull Deductible; and Hull War

General Aviation: Hi/Lo business; Agriculture; Stand Alone Hull War

• Pharmaceutical
• Medical Device

• Up to €50m for Multi-Center Trials

• Indemnity to the insured as “trial sponsor”, including pharmaceutical companies and contract research organisations
• Liability for injury to a trial participant, including no-fault compensation where required
• Coverage can be provided for the full length of the trial
• Fully admitted policies in each territory in local language
• Compliance with the local level of cover in all territories

• Trials involving pregnant Women
• Xenotransplants
• Gene Therapy
• Cell Therapy
• Pure surgical procedures (where no drugs nor medical devices are tested)
• Trials involving the deliberate transmission of infectious
  agents to participants

• From smaller and to large size companies with international subsidiaries
• Offering across all Industries for both private and public companies
• Primary and excess positions
• Broad product offering including standalone PTL, POSI and  Crime solutions

• Directors and Officers Liability inclusive of Side A
• Employment Practices Liability (EPL)
• Pension Trustee Liability (PTL)
• Crime

• Up to €25m

• Standalone POSI
• SPACs

EAR/CAR - Course of Construction

• Annual Policies / Open Covers (Contractors, Owners / Principals)
• Civil Engineering projects
• Buildings
• Manufacturing plants (all industries)
• Oil & Gas (excluding Oil Sands)
• Above Ground Mine development (excluding thermal coal)
• Utilities
• Conventional Power
  (excluding coal)
• Renewable energy
  (Onshore Wind, PV, Hydrogen)

• Coverages
•  
• High Nat Cat areas (single risks and accumulation with open covers)
• High DSU exposures
• Unproven technologies
• Battery Storage
• Geothermal power plants
  (above ground only)

CECR

• Civil Engineering structures

• Occupancies
•  
• Waste to Energy
• Biomass
• Hydro Power
• Underground mine development
• Timber / Wood frame construction

IDI

• Commercial IDI

• EAR/CAR - Course of Construction
  
•  
• Coal
• Oil Sands
• Solar Thermal power plants

IDI

• Residential IDI

• EAR/CAR - Course of Construction; Up to €200m
  
  
• Single Projects, Annual Policies/ Open Covers including TPL, CPE, DSU
  
  
• CECR / Operational Infrastructures (combined with CAR); Up to €200m
•  
• Inherent Defect Insurance (combined with CAR); Up to €25m
  
  
• Inherent Defect Insurance

• Selective growth appetite across virtually all industries, but with focus on per-account risk quality.
• Preference for excess positions.

• Primary stand-alone Cyber
• Excess Cyber
• Technology PI
• Media PI

• Up to €/£10m

• Cryptocurrency
• Payment processors
• Pay day loan companies
• Air traffic controllers
• Adult entertainment
• Online gambling
• Central reserve banks
• Trading platforms and stock exchanges
• Social media platforms
• Music streaming
• Cyber Property Damage cover

• Offshore Energy
•  
• Oil and Gas E&P assets including FSPO/FLNG/FSRU
• Offshore Gulf of Mexico Wind
• Offshore Renewables

Onshore Energy

• Refining and Petrochemical assets
• LNG processing
• Chemical Fertiliser Plants
• Renewables

          - Wind

          - Solar PV

          - Hydrogen

          - Hydro

          - Carbon Capture

• Conventional Power Plants
• Mining

• Thermal Coal
• Mine Tailings Dams
• Underground Mining
• Tar Sands
• Waste to Energy
• Geothermal
• Solar Thermal
• Stand-alone fracking
• Stand-alone drilling and
  land-rigs
• Stand-alone OEE/TPL
• Offshore Interconnectors
• Tidal Power

• Offshore Energy
  
  
• Construction and Operational PD/BI/DSU/OEE/TPL
•  
• Onshore Energy
  
  
• Operational PD/BI

• Up to €/$200m

• Global Advertising Wrap-up/DICE Insurance Programs
• Global Motion Picture / TV Programs
• Media Equipment
• Sports/Events Liability
• Theatrical and Global Conferences & Exhibition Programs

• Production
  
  
• Motion Picture Studio Productions
• TV Production
• Independent Films
• Advertising Agency DICE Wrap-Ups
• DICE: Documentaries, Industrial,  Commercials and Educational  productions
• Post-production Facilities
•  
• Live – Events & Sports
  
  
• Touring Entertainers
• Festivals
• Concerts
• Live Events
• Event Promoters / Producers
• Sport events/ teams/ leagues/ federations
• Corporate events/ fairs/ exhibitions
• Equipment rental
• Motorsport events/ teams/ associations/
  governing bodies

• Production Portfolio
•           - Cast
•           - Extra Expense
•           - Props / Sets /Wardrobe
•           - Miscellaneous Equipment
•           - Media: Negative Film & Faulty Stock
•           - Third Party Property Damage
  
  
• Inland Marine / Equipment Floater
• General Liability
• Umbrella / Excess Liability
• Workers’ Compensation / Employers’ Liability, Auto
• Property
• Foreign Package Liability
• Contingency:
•           - Cancellation
•           - Non-appearance
•           - Transmission Failure

• Large accounts and Middle market business in the following:
•  
• Manufacturing/ Process Industries
• Energy (downstream)
• Construction (practice and projects)
• Real Estate
• Retail Trade

• Premises Pollution
• Contractors Pollution

• Up to €25m

• Mining
• Offshore
• Nuclear
• Hydraulic fracturing
• Fireworks/fertilizer production
• Clean-up cost cap/ finite risk
• Oil pipeline/waste disposal sites written as such

• Broad appetite across Financial Services with focus on Banks Insurance companies and traditional asset managers
• Appetite for Large accounts and Middle market business
• Broad product offering including D&O, FIPI, FICRIME, EPL and PTL

• FID&O
• FIPI
• FICRIME
• PTL

• Up to €25m

• Investment Banking and Stockbrokers E&O, REITS
• Cryptocurrency – digital assets
• SPAC’s
• EPL
• Aircraft leasing

• Construction
• Pharmaceuticals
• Telecoms
• Product / High Tech Manufacturing
• Manufacturing & Automotive

• Tailor made International Programs
• Primary and Excess layer
• Comprehensive wordings as
  per market standard

• Up to €100m, depending on trade and individual risks

• Waste Disposal/Recycling
• Firearms
• Helmets
• Child Safety Seats
• Automotive Recall
• Amusement, Gambling & Recreation Industries
• Healthcare Providers
• Medical Malpractice (incl. Hospitals)
• Cannabis/Tobacco/E-Cigarettes
• Residential Real Estate

• Complex business that requires local policies, risk controls and tailored underwriting/claims expertise
• Multinational and Captive Programmes
• Appetite for risks in a wide range of industries with a focus on risk managed accounts (e.g. manufacturers, importers/exporters and traders)
• Stockthrouput policies and transit programmes
• Project Cargo incl. Delay in Start-Up

• International Transit, Domestic Transit; $100mn
• Transi; $100m
• Stock through-put; $100m
• Project cargo, Delay in Start-Up

Tailored coverages with specialized wording linked to industry segments

• International car accounts
• Live animals

• Underwriting experts
• Our underwriters combine extensive Marine knowledge with a creative approach to risk to deliver imaginative, flexible solutions.
•  
• Claims and recovery experts
• We maintain one of the largest and most knowledgeable Marine claims teams in the industry with many years of hands-on expertise involving all types of claims. The team are specialists in evaluating and providing solutions for Cargo claims ranging from simple losses to the most complex. We have dedicated recovery experts who look to achieve the best possible outcome for our customers.
•  
• Marine Risk Control
• Our multidiscipline team of experienced risk control consultants, marine engineers, master mariners and logistics and supply chain security specialists provides technical expertise and proactive risk control solutions across a wide range of Marine risks and international cargo transportation.

• Blue Water Hull
  - Chemical / Product / Crude Oil Tankers
  - LNG / LPG / LNP Carriers
  - Offshore Supply / Support vessels
  - Bulkers
  - Container vessels
  - Cargo carriers

• Marine Liability (Including Marine Property)
  - General Marine Liability
  - Port & Terminals including Marine Property

• Specialized binders and facilities
  (e.g. super yachts, brown water, etc.)

• Blue Water
• Brown Water
• Pleasure Craft
• Builder’s Risk
• Marine Liability (Including Marine Property)

• $75m

• Fishing Vessels
• Livestock carriers

• Underwriting experts
• Our underwriters combine extensive Marine knowledge with a creative approach to risk to deliver imaginative, flexible solutions.
•  
• Claims and recovery experts
• We maintain one of the largest and most knowledgeable Marine claims teams in the industry. Our claims professionals have many years of hands-on expertise involving all types of claims.
•  
• Marine Risk Control
• Our multidiscipline team of experienced master mariners and marine engineers provide technical expertise and proactive risk control solutions to ship owners and the Marine industry.

• With a wide range of clients from SME’s to large international firms
• The ability to consider all professions within appetite
• Primary and excess positions available as well being a lead market
• Ability to support multi-product solutions in the construction industry

• Accountants, Architects, Engineers, Contractors, Insurance Brokers, Management Consultants, Solicitors, Surveyors & Miscellaneous'; €15m but up to €5m per client as standard
• Single Project Professional Indemnity; €10m but up to €5m per client as standard
• Key participant on Facilities and Delegated Underwriting

• Financial Advisers / Financial Services
• Surveyors with valuations
• Waste to Energy

Service Orientated Occupancies such as:

• Financial & Professional Services
• Real Estate
• Public Sector & Education
• Hospitality & Leisure
• Retail Trade
• Airports, Transport & Logistics
• Healthcare

Manufacturing/Process Industries such as:

• Technology, Media, and Telecom
• Manufacturing and Metalworking
• Lifesciences and Cosmetics
• Beverages

• Waste disposal/recycling
• Agriculture and forestry (incl. livestock/animal farms and growing/standing crops)
• Coal-based companies
• Food processing of meat products

• All Risks and Natural Catastrophe Property Damage and Business Interruption

• Up to €300m

• Commercial Real Estate
• Financial & Professional Services
• Manufacturing Industry
• Construction/Engineering projects
• Entertainment/Sport/Film
• Lifesciences and Chemicals
• Technology, Media, and Telecom

• Airports and Aerospace
• Rail Operators/Public Transport
• Security Companies
• Nuclear Power Plants
• Religious buildings/Places of worship
• Governmental, Military and Police  buildings
• Embassies and Consulates
• Mining

• Terrorism, Sabotage, SRCC, Rebellion,  Revolution, Mutiny, Insurgency, Counter-Insurgency, Coup de état, Civil War & War; Up to €100mn
• Terrorism Liability (T3L)
• Terrorism Event Cancellation
• Active Assailant; Up to €50mn
• Nuclear, Chemical, Biological &  Radiological Terrorism