Energy - Allianz Global Corporate & Specialty
Energy - Allianz Global Corporate & Specialty
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