Allianz Global Corporate & Specialty (AGCS)* has global reach underpinned by local knowledge; a combined depth and breadth of expertise that allows us to go further.
Here is what we can offer you.
Our appetite in Ibero/LatAm
*Allianz Global Corporate & Specialty is the brand of Allianz Global Corporate & Specialty SE.
AGCS will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.
AGCS will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.
The products and services described on this page may not be available in all AGCS locations. This is for your general information only. Please contact your local office for full information on local product availability.
Actively Growing
- Multi-year and/or multi-line transactions to address gaps caused by non-availability of traditional cover, e.g., Commercial Auto, Property, D&O
- Covers comprising traditional and non-traditional elements
- Captive Solutions – global fronting and structured risk transfer
- Virtual Captive Solutions
Coverage
- Full range of P&C lines of business or a combination thereof,
- Loss sensitive ‘swing’ solutions with additional and return premiums over multiple years; basket aggregate and stop-loss solutions
- Global Fronting capability expands across 200+ countries and on a multi-line and multi-year basis, if needed
- Virtual Captives
- Transactions up to 5 years tenure
- Capacity typically Eur 25mn per occurrence, Eur 50mn per annum, but can be higher depending on structure
Restricted
- Reinsurance for insurance companies
- Financial risks coverage; e.g. mortgage portfolios, capital relief
- Credit risks
- Cyber risks
Actively Growing
- Pharmaceutical
- Medical Device
Capacity
- Up to €50m for Multi-Center Trials
Coverage
- Indemnity to the insured as “trial sponsor”, including pharmaceutical companies and contract research organisations
- Liability for injury to a trial participant, including no-fault compensation where required
- Coverage can be provided for the full length of the trial
- Fully admitted policies in each territory in local language
- Compliance with the local level of cover in all territories
Cautious
- Trials involving pregnant Women
- Xenotransplants
- Gene Therapy
- Cell Therapy
- Pure surgical procedures (where no drugs nor medical devices are tested)
- Trials involving the deliberate transmission of infectious agents to participants
Appetite
EAR/CAR - Course of Construction
- Annual Policies / Open Covers (Contractors, Owners / Principals)
- Civil Engineering projects
- Buildings
- Manufacturing plants (all industries)
- Oil & Gas (excluding Oil Sands)
- Above Ground Mine development (excluding thermal coal)
- Utilities
- Conventional Power (excluding coal)
- Renewable energy (On and offshore Wind, PV, Hydrogen)
Limited appetite
- Coverages
- High Nat Cat areas (single risks and accumulation with open covers)
- High DSU exposures
- Unproven technologies
- Battery Storage
- Geothermal power plants (above ground only)
Occupancies
- Waste to Energy
- Biomass
- Hydro Power
- Underground mine development
- Timber / Wood frame construction
No appetite
- EAR/CAR - Course of Construction
- Coal
- Oil Sands
- Solar Thermal power plants
Coverage & Capacity
- EAR/CAR - Course of Construction; Up to €200m
- Single Projects, Annual Policies/ Open Covers including TPL, CPE, DSU
Actively growing
- Cyber, Tech PI and Media Liability: solutions for commercial and financial institutions
Coverage & Capacity
- Primary stand-alone Cyber; up to €5m
- Excess Cyber (>5m) of low ransomware and BI exposures; up to €10m
Cautious
- Accounts with ransomware and high BI exposure addressed by sub-limits and SIR
- Primary New Business for large companies and complex risks
Actively Growing
- D&O for large, mid-size and small companies, including local and US listed companies
- POSI for non-US listing companies
Coverage & Capacity
- D&O; up to €20m
- POSI; up to €15m
Cautious
- Corruption
- Insolvency
- Tailing Dams and Data Breach addressed with criterious UW, ESG and ARC specific exclusions
- High Covid exposure or impacted by lockdowns
- Commercial crime (opportunistic deal)
Restricted
- Military defense and arms, nuclear, gambling, tobacco, human rights
- Contraloria exposure in Colombia | POSI in USA
- SPACs
- Tailing Dams, Crypto currency, Coal, Poor ESG
Appetite
- Onshore Energy
- Renewables
- Wind
- Solar PV
- Hydrogen
- Hydro
- Carbon Capture
- Conventional Power Plants
- Mining
Restricted/Limited appetite
- Thermal Coal
- Mine Tailings Dams
- Underground Mining
- Tar Sands
- Waste to Energy
- Geothermal
- Solar Thermal
- Stand-alone fracking
- Stand-alone drilling and
land-rigs - Stand-alone OEE/TPL
- Offshore Interconnectors
- Tidal Power
Coverage
- Onshore Energy
- Operational PD/BI
Capacity
- Up to €/$200m
Actively Growing
- Advertising Wrap-up/DICE Insurance Programs
- Motion Picture / TV Programs
- Events/sports liability
Risk appetite
- Production
- Motion Picture Studio Productions
- TV Production
- Independent Films
- Advertising Agency DICE Wrap-Ups
- DICE: Documentaries, Industrial, Commercials and Educational productions
- Live – Events & Sports
- Festivals
- Concerts
- Live Events
- Event Promoters / Producers
- Sport events
- Motorsport events
Types of Coverage
- Production Portfolio
- Cast
- Extra Expense
- Props / Sets /Wardrobe
- Miscellaneous Equipment
- Media: Negative Film & Faulty Stock
- Third Party Property Damage
- General Liability
- Employers' Liability, Auto
- Contingency: Cancellation/Non-Appearance
Excluded
Communicable Disease, Cyber
Actively Growing
- Large accounts and Middle market business in the following:
- Manufacturing/ Process Industries
- Energy (downstream)
- Construction (practice and projects)
- Real Estate
- Retail Trade
Coverage
- Environmental Protect Premises
- Environmental Protect; Contractors/Project Liability; Environmental Protect Policy
Capacity
- Up to €25m
Restricted
- Mining
- Offshore
- Nuclear
- Hydraulic fracturing
Actively Growing
- D&O and FI crime for banks, insurance and reinsurance companies, credit unions and other SMEs
- D&O, IMI and PTL for asset managers, private equity firms and pension funds
Coverage & Capacity
- D&O; up to €15m
- FI crime; up to €10m
- IMI and PTL; up to €10m
Cautious
- Corruption
- Insolvency
Restricted
- POSI in USA
- SPACs
- Midsize bank with poor funding
- Crypto currency
- Poor ESG
Actively Growing
- Construction
- Pharmaceuticals
- Telecoms
- Product / High Tech Manufacturing
- Manufacturing & Automotive
Coverage
- Tailor made International Programs
- Primary and Excess layer
- Comprehensive wordings as per market standard
Capacity
- Up to €50m in Iberia
- Up to €20m in Latam
Restricted
- Waste Disposal/Recycling
- Firearms
- Helmets
- Child Safety Seats
- Automotive Recall
- Amusement, Gambling & Recreation Industries
- Healthcare Providers
- Cannabis/Tobacco/E-Cigarettes
- Residential Real Estate
Actively Growing
- Complex business that requires local policies, risk controls and tailored underwriting/claims expertise
- Multinational and Captive Programmes
- Appetite for risks in a wide range of industries with a focus on risk managed accounts (e.g. manufacturers, importers/exporters and traders)
- Project Cargo incl. Delay in Start-Up
Coverage & Capacity
- International Transit, Domestic Transit; $100m
- Project cargo, Delay in Start-Up; $150mn
- Tailored coverages with specialized wording linked to industry segments
Cautious
- International car accounts
- Live animals
Limited appetite
- Stock through-put policies and transit programmes
A growing portfolio
- PI for Solicitor/Lawyer, Accountants, E&A, Insurance Brokers, Recruitment Consultants and Miscellaneous
- Single Project PI - Project, Construction and Project coordination & management
Professions & Capacity
- Annual programs and Singles Project Professional Indemnity; €5m but smaller limits in primary layers
Cautious
- Schemes – Specific conditions for class associations
Restricted
- Medmal and all health area activities
- Big 4 audit companies
- Reinsurance brokers
- Freight Forwarder
- SPPI: renewable energy – biomass, stadiums, waste to energy and nuclear power plants
- LTA, Tailing Dams, Crypto currency, Coal, Poor ESG
Focus Area
Service Orientated Occupancies such as:
- Financial & Professional Services
- Real Estate
- Public Sector & Education
- Hospitality & Leisure
- Retail Trade
- Airports, Transport & Logistics
- Healthcare
Manufacturing/Process Industries such as:
- Technology, Media, and Telecom
- Manufacturing and Metalworking
- Lifesciences and Cosmetics
- Beverages
Restricted
- Waste disposal/recycling
- Pulp and Paper Manufacturing
- Forestry/Growing and standing crops and Timber
- Livestock/Animal farms
- Coal-based companies
- Food processing of meat products
Coverage
- All Risks and Natural Catastrophe Property Damage and Business Interruption
Capacity
- Up to €300m
Treshold Total Insured Value
- Minimum premium: 200k USD for 100%
Focus Area
- Commercial Real Estate
- Financial Institutions
- Manufacturing Industry
- Construction/Engineering projects
- Entertainment/Sport/Film
- Pharm/Chem
- Telco/Media/IT
Restricted
- Airports and Aerospace
- Rail Operators/Public Transport
- Security Companies
- Nuclear Power Plants
- Religious buildings/Places of worship
- Governmental, Military and Police buildings
- Embassies and Consulates
- Mining
Treshold
- Minimum premium: 25.000 USD for 100%
Coverage & Capacity
- Terrorism, Sabotage, SRCC, Rebellion, Revolution, Mutiny, Insurgency, Counter-Insurgency, Coup de état, Civil War & War; Up to €100mn
- Terrorism Liability (T3L)
- Terrorism Event Cancellation; Up to €50mn
- Active Assailant
- Nuclear, Chemical, Biological & Radiological Terrorism
Confidence in tomorrow
Disclaimer
Pictures on this page: Adobe Stock
The material contained in this publication is designed to provide general information only. While every effort has been made to ensure that the information provided is accurate, this information is provided without any representation or guarantee or warranty of any kind about its accuracy and completeness and neither Allianz Global Corporate & Specialty SE, nor any other company of Allianz Group can be held responsible for any errors or omissions. This publication has been made on the sole initiative of Allianz Global Corporate & Specialty SE.
All descriptions of services remain subject to the terms and conditions of the service contract, if any. Any risk management duties as laid down in the risk service and/or consulting contracts and/or insurance contracts, if any, cannot be delegated neither by this document, no in any other type or form.
Some of the information contained herein may be time sensitive. Thus, you should consult the most recent referenced material. Some of the information given in this publication may not apply to your individual circumstances. Information relating to risk services is intended as a general description of certain types of risk and services to qualified customers. Allianz Global Corporate & Specialty SE do not assume any liability of any kind whatsoever, resulting from the use, or reliance upon any information, material or procedure contained in this publication.
Allianz Group companies
The Allianz Group offers a wide range of products, services, and solutions in insurance and asset management and operates as an international insurer on almost every continent.
AGCS offices
With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.