Allianz bolsters D&O support with free legal services

Allianz Insurance has announced the addition of legal services to its Complete Directors’ & Officers’ product for policies incepting or renewing on or after 4th December.

Designed specifically for businesses with a turnover of up to £200m, Complete D&O offers personal liability cover for company directors, officers and managers to protect them from claims that may arise from the decisions and actions taken within the scope of their regular duties.

In addition, policyholders will now have access to free 24/7 telephone legal advice service, over 140 free legal templates, and a guide written by lawyers to help SMEs understand legal processes and requirements.

Helen Bryant director, digital trading, Allianz Insurance, commented: “It’s been an extremely challenging time for some of our SME customers who had to make a succession of changes to their businesses due to the rapidly changing external circumstances.

“We’re always looking at new and different ways to support our customers, and by providing legal services as part of Complete D&O, we’re offering very practical and tangible assistance. Insurance isn’t just for when something goes wrong, risk management and mitigation are crucial too.”

Legislation and regulation once again featured in the top five concerns for businesses as outlined by the 2021 Allianz Risk Barometer and following a period of extraordinary change, and challenge, some may now find themselves lacking legal clarity and confidence.

    Share Story:


Cyber risk in the transportation industry
The connected nature of the transport and logistics industries makes them an attractive target for hackers, with potentially disruptive and costly consequences. Between June 2020 and June 2021, the transportation industry saw an 186% increase in weekly ransomware attacks. At the same time, regulations and cyber security standards are lacking – creating weak postures across the board. This podcast explores the key risks. Published April 2022.

Political risk: A fresh perspective
CIR’s editor, Deborah Ritchie speaks with head of PCS at Verisk, Tom Johansmeyer about the confluence of political, nat cat and pandemic risks in a world that is becoming an increasingly risky place in which to do business. Published February 2022.