Allianz signs MGA deal with Hydor for Asia marine liability cover

Hydor will be authorised to underwrite a range of marine liability products.

Allianz Commercial Singapore has signed a Managing General Agent (MGA) agreement with Hydor Pte Ltd, allowing the independent insurance specialist to quote and bind Marine Liability policies across the Asia Pacific region. 

The agreement, effective from 1 June 2025, is made via the Allianz Global Corporate & Specialty SE Singapore Branch.

Under the arrangement, Hydor will be authorised to underwrite a range of marine liability products, including property, handling equipment, hull and machinery, port craft, and service boats. 

The partnership aims to expand Allianz Commercial’s presence in the regional marine liability market by leveraging Hydor’s sector expertise and operational capabilities.