Allianz Musical Insurance, which specialises in musical instrument and equipment insurance for musicians in the UK, is well established and has traded for over 60 years. Allianz UK will continue to underwrite as the capacity provider for the newly named Lark Music Keynote product, which incorporates the Allianz Music Protect and Lark Music Essential products. Lark Music will be responsible for the day-to-day running of customers’ musical instrument policies and claims.
Howden’s agreement to acquire the musical insurance book will provide expertise and investment for the benefit of both amateur and professional musicians, whilst enabling Allianz UK to continue supporting the music industry. This latest acquisition follows Howden’s recent acquisition of Hencilla Canworth, a leading British specialist performing arts insurance broker.
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