Managing general agent Rokstone, which is part of Aventum Group, has signed a five-year capacity deal with Allianz Commercial via its Allianz Global Corporate & Specialty SE operation. The deal follows a series of individual capacity agreements between the two parties and will seek to expand existing programmes and develop new ones in markets such as natural resources, construction and marine.

Ian Anson, global CEO of Rokstone, said: “We’ve enjoyed a long and successful collaboration with Allianz. Specialty underwriting, agility and technological disruption are at the heart of our culture, whilst Allianz is unquestionably one of the finest insurance brands in the world with market-leading ratings, global reach and deep underwriting expertise. I strongly believe that the strengths of our organisations complement each other, and will benefit both parties greatly.”

Vanessa Maxwell, chief underwriting officer at Allianz Commercial, added: “With the extension of our collaboration with Rokstone, we want to underline our commitment to targeted expansion in commercial and specialty insurance on a global level. We are pleased to be working with such a capable partner as Rokstone to deliver exceptional service to our clients worldwide.”