Allianz Commercial is pleased to announce that it has joined the PowerPlace panel.

Allianz will be making its renowned commercial combined product for SME business available on PowerPlace later this year, and intends to introduce further products on to the online marketplace in 2011.

David Martin, Head of SME Affinity & Broker Markets at Allianz, says: "PowerPlace has built a compelling model over the past year. The commitment to invest in the functionality of its technology, as well as its support for brokers via imarket, makes PowerPlace an extremely attractive distribution partner. This move supports our broader SME strategy which is focused on supporting the broker and making it easier and quicker for them to trade with us in a competitive market."

CEO of PowerPlace, Matthew Reed, adds: "It’s no secret that we have been keen to get Allianz on board for some time now, and so we are delighted that it has chosen to become part of our online marketplace. Having Allianz on our panel undoubtedly strengthens the PowerPlace proposition and takes us one step further to offering brokers a true one-stop-shop for their commercial insurance needs.

"This is excellent news for brokers already using PowerPlace as well as those thinking about using us, as it gives them access to an even wider choice of quality products at competitive rates – in particular, a market-leading commercial combined product."

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