Blue front door of a old mansion


Product Oversight And Governance

Following the announcement in May 2023 of Allianz Holdings plc's intention to close the Home & Legacy business and subsequent ratification of that decision in June 2023, the business was put into run-off. From 3rd May 2023 we stopped issuing new business quotations and renewal invitations. The business will close operationally from 30th June 2024.

We have made arrangements that will ensure continued support can be provided after operational closure for any new or ongoing matters. For further information see our Help and Contact pages.

During the run-off period we continued to support our brokers and customers to ensure good outcomes were achieved. 

Our Product Oversight and Governance Procedures operated on a continuing basis during the run-off period to ensure legal and FCA regulatory requirements and ongoing obligations to existing policyholders were met. We also continued to support our brokers and customers to ensure good outcomes were achieved.

See  our Products Oversight & Governance Overview.

Our last Target Market and Value Statements were published in August 2023. These explain:
  • who our closed products were suitable/not suitable for
  • their features and characteristics
  • the process that operated for their ongoing assessment
  • what distributors needed to do to ensure our products offer fair value

See our Target Market and Value Statements.

Home & Legacy Insurance Services Ltd is a wholly owned subsidiary of Allianz Holdings plc and is registered in England number 3007252. Registered office: 57 Ladymead, Guildford, Surrey GU1 1DB. Home & Legacy Insurance Services Limited is authorised and regulated by the Financial Conduct Authority. Financial Services Register number is 307523. Please note that telephone calls may be recorded for training and/or monitoring purposes.