Allianz adjusts Large Case Guidelines

Allianz is changing some of its guidelines around large cases. Effective immediately, all cases with death benefits above $15 million ($15,000,001) will be processed using facultative reinsurance. This includes all new applications and pending business. Allianz expects this change will be in place for 3-6 months while it builds a large case underwriting team. These short term changes will allow Allianz to continue to efficiently process new business while simultaneously building infrastructure for the future.

Your organization may have pending business impacted by this change. Pending cases that have not had a final risk class offer made will need to be processed using facultative reinsurance. Allianz will not start the facultative process until we received written approval from the agent. Individual emails will be sent to all impacted agents by the end of the day Tuesday June 15th.