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Energy - Allianz Global Corporate & Specialty

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REGIONAL<br />

EYE<br />

An advocate for the customer:<br />

the meaning of market management<br />

Customer focus is at the core of <strong>Allianz</strong> <strong>Global</strong> <strong>Corporate</strong> & <strong>Specialty</strong><br />

(AGCS). The principle is simple: to understand client’s needs and act on<br />

them. Ensuring clients are getting the right risk solutions requires partnership<br />

and mutual exchange rather than one-sided marketing.<br />

JONATHAN TILBURN<br />

08 Regional Eye<br />

“Transparency is essential on both<br />

sides. The clients need to know<br />

that they can trust their insurer.”<br />

In an environment of constantly evolving business and<br />

new challenges for clients, it is essential to get a better<br />

understanding of what clients need and to provide a<br />

clear picture of what AGCS has to offer. Giving the client<br />

a single voice within the organization and single point of<br />

contact to AGCS was why market management was<br />

established. Market management means constantly<br />

striving to talk to clients and work with underwriting to<br />

develop better products and services.<br />

Earlier this year, Brian Kirwan, became the head of Market<br />

Management & Communication (MMC) for the London<br />

regional unit of AGCS. The unit is responsible for<br />

AGCS business in the UK, Ireland, the Netherlands, Belgium<br />

and South Africa and looking to expand its pres ence<br />

in all of these markets.<br />

“The client and broker are at the center of what we do.<br />

Making it as simple as possible to access our business is<br />

fundamental,” Kirwan explains. This means taking a holistic<br />

view to clients’ businesses with a team that provides<br />

solutions that take all areas of underwriting and services<br />

into account.<br />

As markets evolve and client needs change, working<br />

with them to understand their business and providing<br />

them with an overview of the full range of support AGCS<br />

can provide is fundamental. Kirwan adds: “It’s partnership<br />

with regular dialogue and an in-depth mutual understanding<br />

that makes a relationship.”<br />

Listening to clients discuss their business needs, provid -<br />

ing AGCS's own experience and mutually sharing expertise<br />

creates better products. The relationship develops<br />

by discussing what the client’s expectations are and<br />

how the insurer can respond to this. “Transparency with<br />

Brian Kirwan: Head of Market Management & Communication (MMC)<br />

for the London regional unit of AGCS.<br />

a client is essential on both sides,” Kirwan comments.<br />

“The clients need to know that they can trust their insur -<br />

er to provide bespoke solutions to the risks they face and<br />

be there when they need them.”<br />

There are no “one-size-fits-all” insurance solutions for<br />

complex corporate or specialty business. “An insurer<br />

should be innovative with the solutions they provide<br />

their client and broker,” says Kirwan. “Market management<br />

is about utilizing the holistic insights to provide<br />

that innovation.”<br />

When discussing insurance cover, the focus often falls<br />

on the cover itself and not what could happen if a claim<br />

arises. However, claims are a critical time. If not man -<br />

aged correctly, they can have detrimental effects on the<br />

business. Effective partnership and understanding of a<br />

risk in advance have a positive impact when claims do<br />

arise. Therefore, true client focus means discussing the<br />

claims process from the very beginning.<br />

Kirwan concludes: “If I was asked to summarize market<br />

management, I would say its job is to work in partnership<br />

and be an integral part of a client’s business. It’s<br />

about taking time to get to know their business, the risks<br />

they face and the challenges they are under. And it’s<br />

about being there when the client needs us, acting as the<br />

primary access point to the business. This builds a foundation<br />

of trust were we can establish the basis for a longterm<br />

relationship.”<br />

BRIAN KIRWAN<br />

Head of Market Management, AGCS London Regional Unit<br />

brian.kirwan@allianz.com<br />

WWW.AGCS.ALLIANZ.COM/GLOBAL-OFFICES/UNITED-KINGDOM/<br />

Regional Eye 09

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