The deal was secured based on Allianz Worldwide Partners’ competitive long-term pricing strategy combined with its status as a global player in the travel market.
Bruce Reid, Commercial Director at Hood Group comments, “We have developed a new travel insurance proposition for Legal & General customers, so we’re delighted to now have Allianz Worldwide Partners on board. As an A rated carrier, their underwriting arm AWP P&C SA offers tremendous financial stability, but more importantly they have proved themselves to be able to adapt to changing market conditions. We’re pleased that this new partnership will continue to build upon and strengthen our relationship with them.”
Lee Taylor, Chief Sales Officer for North & CEE for Allianz Worldwide Partners, adds, “As a well-respected brand in the financial retail sector, Legal & General is a great addition to our travel portfolio. We look forward to working closely with them and Hood Group to maximize the potential that the brand has across multiple distribution channels, as well as harnessing the Legal & General reputation as a strong and reliable brand.
“This new partnership comes as a result of our already strong relationship with Hood Group, which we continue to nurture by delivering quality insurance solutions that meet today’s market demands.”
Cheryl Agius, CEO of Legal & General’s General Insurance business comments, “We’re committed to helping to make our customers’ lives as easy as possible. We are delighted to be working with Allianz Worldwide Partners as their range of products makes them a perfect fit for our travel insurance offering. We look forward to continuing to grow and offer a broad and competitive range of travel insurance products across all of our distribution channels.”
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