Allianz strengthens commercial property owners proposition

Posted on: 23 January 2018

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Allianz has strengthened its Property Owners Select proposition for commercial property owners with new covers, enhanced limits and access to additional services. 

Property Owners Select complements Allianz’s suite of sector specific Mid-Corporate products and supports commercial property owners of larger premises or portfolios. 

Allianz has made it even easier for brokers to place business as customers can now combine their property and casualty covers with new engineering sections including machinery damage cover. This protects items such as boilers, lifts, air conditioning units and escalators from breakdown, explosion or collapse.

Customers will also gain access to a wide range of additional sector specific services including risk management advice, Allianz Legal Services and preferred suppliers such as water damage protection specialist, Leaksafe Solutions. 

In addition, our expert London Market Real Estate team continue to offer bespoke solutions on a wide range of property portfolios which is complemented by our dedicated Real Estate claims proposition.    

Catherine Dixon, director of underwriting, Commercial, Allianz Insurance, commented:

We’ve developed expertise in the Property Owners sector over the last 20 years and we’re excited to improve our offering to our customers to market leading levels. Our Property Owners customers are now able to purchase key specialist Engineering covers alongside traditional property owners insurance, making it easier for brokers to place this business with us.
Designed to help property owners and investors manage their property portfolios after fire, equipment failures and more, we’re confident that the enhancements we’ve made to our proposition reflect the changing needs of our customers, giving our brokers the confidence that they’re promoting a strong and compelling proposition to their clients.”