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Latest news
Nov 27, 2024
Average cost of battery fire claims hits £50,000
Data released today by leading insurer Allianz reveals the high cost of fire-related claims involving lithium batteries. The average cost of these claims is £50,000, with fires caused by leaking and damaged batteries and overcharged e-vehicles combusting at home.
New Managing Director for Allianz UK Specialty business
Allianz UK has today announced that Isabella Von Mesterhazy has been appointed Managing Director for its Specialty business, effective 1 December 2024, subject to regulatory approval. This appointment follows the decision by incumbent MD for Specialty Kieran O’Keeffe to retire at the end of the year.
Allianz and Youth Sport Trust MoveNow programme inspires over 1.600 children
Allianz UK, the Worldwide Insurance Partner of the Olympic and Paralympic Movements, worked with the Youth Sport Trust to inspire UK school children to rebuild their health, happiness, and resilience post-COVID through its MoveNow Festivals
A series of podcasts, videos, articles and webinars, showcasing experts from across our business, covering future global trends such as AI, Autonomous Vehicles and Cyber.
Lithium-ion batteries - health and safety considerations
Lithium-ion batteries are the main type of rechargeable battery used and stored in commercial premises and residential buildings. The risks associated with these batteries can lead to a fire and/or an explosion with little or no warning.
Insurance has a key role to play in helping SMEs through tougher times. We explore the ways in which insurance companies and brokers can support their small business customers.
Underinsurance in the construction sector can pose significant risks, leaving projects vulnerable to financial losses in the event of unforeseen events such as natural disasters or accidents.