Allianz UK has increased its risk appetite on its SME digital trading offering, Complete Business, as well as reducing the number of referral points in the online journey and increasing the cover limits available.

It has also created a dedicated team of underwriters for the business with increased authority levels. The carrier says this will speed up decisions and ensure brokers can have more informed conversations when they do need support on new business quotes or renewals.

Allianz UK has added 349 new trades to its digital proposition, bringing the total to more than 1,350. It has also made it possible for brokers to submit free text business descriptions without automatically triggering a referral. Brokers can include up to three trades in a single quote and Allianz UK says this multi-trade functionality better reflects how many SMEs operates.

The carrier has doubled its maximum limit of indemnity for material damage and business interruption to £10m.

Eibhlin Swan, director of digital trading at Allianz UK, said: “This is a step-change in how brokers can trade with us. We’ve broadened our risk appetite, removed unnecessary referral points and strengthened our underwriting support to make it faster and easier to place SME business digitally.

“Crucially, we’ve listened to brokers and we’re now able to say ‘yes’ more often. Whether it’s accepting free text risks without delays, supporting larger cases up to £10m, or giving brokers direct access to more experienced underwriters, we’re helping them quote with greater speed and certainty.”