Professional Indemnity Broker Scheme for Members

Tue Nov 28 2023

Introducing Allianz, New Partner for Howden

From 01st December 2023, Allianz, one of the world’s largest insurers operating in more than 70 countries and trusted by over 500,000 customers in Ireland will be Howden’s new partner replacing CGPA as the insurer on our binder.

What Does this Mean?

CGPA Europe as a monoline insurer has decided to withdraw from the market to concentrate its resources on expanding Continental Europe markets. This does not affect any policies currently on cover or any notifications or claims they are dealing with.

“We are delighted to bring this exclusive facility to the broker market. This partnership with Allianz and Brokers Ireland shows our commitment to continue to provide brokers with a dedicated product to meet their Professional Indemnity Insurance needs.”

Robert Kennedy, CEO, Howden

“Allianz is delighted to provide a local solution for the Professional Indemnity Insurance (PII) scheme in partnership with Howden and Brokers Ireland. We recognise the important role this facility has in enabling brokers to trade while meeting their regulatory obligation. The quality of the Howden team has been critical in getting this initiative to market, and we look forward to leveraging their expertise in this sector.”

Geoff Sparling, Chief Customer Officer, Allianz

“We are delighted to add Allianz to our Professional Indemnity Insurance (PII) partnership with Howden and Brokers Ireland. This is mandatory insurance for Insurance and Financial Brokers, and the addition of a premier, domestic-based insurer will add to the stability and quality of cover for the decade ahead.”

Diarmuid Kelly, CEO, Brokers Ireland


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