Allianz and Rokstone announce five year agreement for Commercial business

Rokstone, the Aventum Group’s international (re)insurance MGA, today announced a five-year capacity arrangement with Allianz Commercial, with Allianz agreeing to further expand its existing relationship with Rokstone across a range of Commercial insurance lines.

The agreement has been made via Allianz Global Corporate & Specialty SE (AGCS), following a series of successful individual capacity agreements established with Rokstone over the last four years, covering target business for Allianz internationally, ranging from Marine and Aviation to Property and Alternative Risk Transfer. Both companies have agreed to collaborate over the period to develop existing programs and new opportunities through Rokstone’s MGA platform, with a particular focus on Specialty business such as Natural Resources, Construction, and Marine.

Ian Anson, Global CEO of Rokstone, comments: “We are thrilled to make this announcement today.  We’ve enjoyed a long and successful collaboration with Allianz. 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.”

Vanesa Maxwell, Allianz Commercial’s Chief Underwriting Officer, adds: “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.”

Rokstone is one of the world’s largest Speciality (Re)Insurance MGAs, with offices in the UK, Europe, USA, Asia, Africa and the Middle East. It is a leading Specialist MGA serving the needs of international (re)insurance brokers in the specialty lines business.  It currently underwrites USD 1.1bn GWP in several Specialty lines including Property, Casualty, Power Generation, Marine, Aviation, Warranty, Credit & Surety Treaty, Agriculture, Construction & Engineering, A&H and Liability.