Allianz Global Risks US Insurance Company (AGRUS), part of Allianz Insurance Group, has received approval in North Carolina for a form filing introducing its new Allianz Builders Master Builders Risk Coverage Policy under the Other Commercial Inland Marine (TOI 09.0) line. The filing, effective December 1, 2025, establishes the framework for a new commercial construction product offering.
The submission includes two new forms: the Master Builder’s Risk Application and a Fraud Statement, both designed to support underwriting and compliance for large-scale construction projects. The filing does not include rate data or changes to existing rating structures.
Approved on October 6, 2025, this filing marks Allianz’s expansion in the U.S. builders risk market, enabling customized coverage for commercial construction clients.