Allianz Cornhill Complete Motor Trade solution "a success"
www.moneynews.co.uk > Insurance > Allianz Cornhill Complete Motor Trade solution "a success"
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Allianz Cornhill Complete Motor Trade solution "a success"
Fri 24th Feb 2006
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The product was originally launched with the intention of targeting the small motor trade segment last year.
Primarily aimed at car tradespeople with a turnover of £2 million or less, the package provides an uninsured loss recovery option as well as options to purchase additional insurance based on varying needs.
Steve Maguire of Allianz Cornhill said: "We recognised the smaller motor trade businesses have different buying needs and decided to develop a new product specifically for this segment."
He also stated that the company's predictions of the product's performance had been exceeded and that it was "thrilled" at the profitable growth the Allianz Cornhill Complete Motor Trade solution had seen.
Allianz Cornhill claims to be one of the largest general insurers in the UK and is part of international financial services provider Allianz.
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