Good As Gold

Another day, another stock image of a man in a suit wanting to shake hands. But what better way to illustrate the news that a new partnership in the insurance industry has been announced! A wise fellow once said, ‘Make new friends, but keep the old. One is silver and the other gold.’ And as someone who knows a lot about Friends – I own all 10 seasons – I can tell you that business friendships can be more like steel than the malleable metals mentioned above.

On that note, it’s exciting times ahead. Global firm Allianz and motor specialist Dawes Underwriting Australia have teamed up for all things insurance.

Partnership

Image: pexels.com

According to Insurance Business, Allianz will become the new underwriter of Dawes motor insurance products from May 1st 2017. This will include a portfolio of exotic and prestige vehicle products for Dawes under a new underwriting agency agreement. Dawes Underwriting Australia is part of Steadfast Underwriting Agencies, whose CEO is of the belief that under the new partnership ‘the continued focus of Dawes providing exemplary service and innovative solutions to brokers, backed by Allianz’s capital strength, is a dynamic combination that will benefit the Australian broker market.’

So how does Allianz feel about this budding new friendship? Well, Allianz Australia chief general manager David Hosking, has said that he believes the deal will further strengthen ties between the two firms. And how do I feel about the new partnership? Well, like my good friend Joey would say, ‘It’s like a cow’s opinion. It just doesn’t matter. It’s moo.’

Words by Skye Jamieson