Allens acts for Allianz on Territory Insurance Office acquisition

Led by Jeremy Low
Insurance Mergers & Acquisitions

Allens has advised insurance company Allianz Australia on its purchase of the Northern Territory Government's general insurance business.

Allianz Australia has entered into an agreement with the Northern Territory Government to purchase the general insurance business of the Territory Insurance Office (TIO) and enter into a 10-year agreement to manage the Government Motor Accidents Compensation scheme.

Subject to the satisfaction of certain conditions, TIO's general insurance business will transfer to Allianz's ownership and Allianz will start servicing the Government Motor Accidents Compensation scheme on 2 January 2015.

The Allens team on the matter was led by Partner Jeremy Low.

Allens legal team

Jeremy Low (Partner – Sydney), Kylie Brown (Partner – Sydney), Michelle Levy (Partner – Sydney), Adrian Chek (Partner – Sydney), Carolyn Oddie (Partner – Sydney), John Morgan (Consultant – Sydney), Rebecca Sadleir (Special Counsel – Sydney), Veronica Siow (Managing Associate – Sydney), Michael Mathieson (Senior Regulatory Counsel – Sydney), Andrew Smiles (Senior Associate – Sydney), Valeska Bloch (Senior Associate – Sydney), Andrew Lazzaro (Senior Associate – Sydney), Tracy Lu (Associate – Sydney), David Rountree (Associate – Sydney), Tom Tian (Associate – Sydney), Rosie Thomas (Associate – Sydney), Stefanie Duncan (Associate – Sydney), Fiona Chung (Associate – Sydney), Molly Snaith (Lawyer – Sydney), Anita Wise (Lawyer – Sydney), Annabelle Williams (Lawyer – Sydney), Manu Jaireth (Lawyer – Sydney)


Notes for editors.

Allens is a commercial law firm working throughout Australia and Asia. Through its integrated alliance with Linklaters it provides clients access to 40 offices in 28 countries around the world.