Daily Insurance Industry News
 
 
Daily Insurance Industry News
Monday 27th of February 2017

AXA Group


AXA is the holding company of the AXA Group, a global financial services provider.

The Company operates through five main business streams:

  • Life & Savings,
  • Property & Casualty,
  • International Insurance,
  • Asset Management,
  • Banking.

The Life & Savings products are marketed in the UK under AXA Sun Life, and include term life, whole life, universal life, endowment, deferred annuities, immediate annuities and other investment-based products. The health products offered include critical illness and permanent health insurance products. Individual and group savings retirement products are also provided.

AXA Insurance's Property & Casualty stream is focused mainly on motor, home, property and general liability insurance for both personal and commercial customers, and includes the Swiftcover brand.

The International Insurance stream include insurance products that specifically relate to AXA Corporate Solutions Assurance.

The Asset Management segment includes diversified asset management, such as investment fund management.

The Banking stream includes banking activities conducted primarily in France and Belgium.

An additional Holding companies segment includes all non-operational activities

AXA also owns the insurance brokers Smart & Cook, Stuart Alexander and Layton Blackham.

Website: AXA Insurance

Latest AXA News:

April 17, 2013

AXA appoints Agrical as lead adjuster for farming and agriculture claims

by Brian Turner

Story link: AXA appoints Agrical as lead adjuster for farming and agriculture claims

AXA Commercial Lines and Personal Intermediary has appointed Agrical as its lead chartered loss adjuster for all farming and agricultural claims. Agrical is the UK’s leading specialist loss adjuster for farms and landed estates. The appointment is for three years and Agrical has the appropriate level of authority to make decisions on 90% of the […]



March 4, 2013

AXA Commercial Lines wins accolades from Celent

by Brian Turner

Story link: AXA Commercial Lines wins accolades from Celent

Celent, an international financial research and consulting firm, has named AXA as a Model Insurer 2013, one of 18 insurers from across the globe to receive the prestigious award. Celent bestows awards to those organisations that can best demonstrate the use year’s best technology initiatives through the use of innovation, best practices and measurable business […]



December 4, 2012

Stoic Brits with cancer symptoms slow to see GP

by Gill Montia

Story link: Stoic Brits with cancer symptoms slow to see GP

AXA is urging stoic Brits to get to know what “normal” feels like and to seek medical advice if they spot unusual symptoms. New research from the insurer shows that people across UK are delaying going to their GP despite noticing something that isn’t usual for their body – mostly they would have to feel […]



November 29, 2012

AXA UK successful in company name challenge

by Gill Montia

Story link: AXA UK successful in company name challenge

The Company Names Tribunal has found in favour of AXA UK and ordered an unconnected company, Axa International Asset Management Limited, to change its name. Axa International Asset Management has been registered since May 2012 and did not file a defence in the matter. The firm has one month to change its name and has […]



November 27, 2012

AXA bolsters customer support for flood victims

by Richard Kilner

Story link: AXA bolsters customer support for flood victims

In response to the recent flooding AXA has announced that it has increased the number of staff on hand to respond to customers. The measure has enabled AXA to maintain a fast response for the claimants who have been affected by the widespread flooding to afflict the United Kingdom. Numerous staff members have been reallocated […]



October 18, 2012

West Midlands drivers are least respectful

by Richard Kilner

Story link: West Midlands drivers are least respectful

Research commissioned by AXA car insurance has found that drivers in the West Midlands are the least respectful in Britain. The survey involved 2,000 drivers and found that those in Coventry, Birmingham and Wolverhampton were least respectful and most likely to break rules whilst driving. Sheffield and Newcastle also featured in the bottom five cities […]



October 10, 2012

Winter weather warning for British homeowners

by Richard Kilner

Story link: Winter weather warning for British homeowners

AXA has advised its customers to carry out home maintenance, as 60% make inaccurate assumptions about coverage offered against stormy weather. Every year around one in 20 claims against damage caused by stormy weather is declined because the damage is attributed not to bad weather but to poor maintenance. This is contrary to the expectation […]



October 3, 2012

AXA best global insurance brand

by Gill Montia

Story link: AXA best global insurance brand

AXA has reported that it has been ranked amongst the top 100 Best Global Brands by Interbrand, for the fourth consecutive year. According to the insurer, its brand value has increased by 1% to €6.75 billion, making it the 58th best global brand, the highest-ranking global insurance brand and the fourth-best French brand across all […]



October 1, 2012

AXA UK appoints director of corporate affairs

by Gill Montia

Story link: AXA UK appoints director of corporate affairs

AXA UK has appointed Richard Stephenson as director of corporate affairs. Mr Stephenson has over fifteen years in house, agency and political experience and has spent the last year working as managing director of a New York based public relations firm, leading a number of international projects. Prior to this, he was group director of […]



September 25, 2012

AXA appoints Simple Products Trading Manager

by Richard Kilner

Story link: AXA appoints Simple Products Trading Manager

AXA Commercial Lines and Personal Intermediary has announced the appointment of Louisa-Jayne Stirzaker as Simple Products Trading Manager. Stirzaker, who is to be based at the National Trading Centre in Bolton, which is dedicated to smaller independent brokers. The newly created role will see her collaborating with AXA’s brokers to ensure that existing and new […]



September 20, 2012

AXA: doctors call for whiplash control measures

by Richard Kilner

Story link: AXA: doctors call for whiplash control measures

Car insurer AXA has conducted research which reveals almost nine out of 10 UK doctors want the Government to introduce new measures to control claims of whiplash. The research found that 7% of doctors were actually offered money to refer patients with whiplash injuries. The vast majority (88%) of those surveyed want the Government to […]



September 11, 2012

Yves Masson joins AXA UK

by Richard Kilner

Story link: Yves Masson joins AXA UK

AXA UK has appointed Yves Masson as the new chief executive officer of Personal Direct and Partnerships. Masson, who previously worked with AXA Direct Assurance in France, will also assume seats on the Executive Committee and the AXA UK Board. He is a veteran of the firm, where he has worked for more than a […]



August 29, 2012

Motorists beware 1st September

by Gill Montia

Story link: Motorists beware 1st September

AXA is warning that the 1st September has been the worst day of the summer season for motor accidents for three years in a row. Last year saw the biggest spike, with a massive 40% more claims being made than on the average day in the rest of the summer holiday period. This year, 1st […]



August 16, 2012

AXA reports rise in business crime

by Richard Kilner

Story link: AXA reports rise in business crime

AXA’s latest Business Crime Index has reported that the riots of last August contributed to a 3% rise in crime against businesses. However, there has been a general rise for the last few years in anti-business crime, with the previous year also seeing a 3% increase. As might be expected, there is a varying degree […]



August 15, 2012

AXA renews GAB Robins contract

by Gill Montia

Story link: AXA renews GAB Robins contract

AXA has confirmed the renewal of its commercial property loss adjusting contract with GAB Robins. The deal, which covers claims up to £250,000 in value, will run for three years. The insurer has also revealed that it has a number of strategic claims projects underway aimed at enhancing delivery for its commercial property brokers and […]



August 8, 2012

Role changes at AXA UK

by Gill Montia

Story link: Role changes at AXA UK

As previously announced, AXA UK is combining its commercial lines and personal intermediary operations into a single organisation, under the leadership of Amanda Blanc. The integration should be completed by October and to facilitate the process a number of roles have been changed internally as follows: Karen Hogg has been appointed as managing director of […]



July 11, 2012

AXA combines broker businesses

by Gill Montia

Story link: AXA combines broker businesses

AXA UK has announced that it is bringing together its commercial and personal lines broker businesses under the leadership of Amanda Blanc. The new combined business will focus on strengthening AXA’s capabilities and propositions in the intermediated market, while making the most of the synergies that exist across the channel. Ms Blanc, who joined AXA […]



July 8, 2012

Poor head restraints increase whiplash claims

by Gill Montia

Story link: Poor head restraints increase whiplash claims

AXA believes hundreds of thousands of whiplash claims could be prevented each year with better head restraints and seats in UK cars. In a study carried out with motor research organisation, Thatcham, the insurer estimates that only 34% of cars on UK roads have head restraints and seats that would be categorised as “good” when […]



June 7, 2012

AXA Personal Lines CEO steps down

by Richard Kilner

Story link: AXA Personal Lines CEO steps down

AXA UK has announced that Steve Hardy has chosen to stand down as chief executive officer of AXA Personal Lines, following the successful conclusion of the AXA and Swiftcover integration. Hardy was a founder member of Swiftcover and joined AXA when it was acquired five years ago. Until a permanent successor is found the Personal […]



May 29, 2012

AXA PPP International appoints regional sales managers

by Richard Kilner

Story link: AXA PPP International appoints regional sales managers

AXA PPP International has announced the appointments of Derry Andrews and Ed Daniels. Andrews becomes regional sales manager for Spain and Daniels occupies the same role for Africa, with the pair reporting directly to Sales & Marketing Director Kevin Melton. Andrews, who is to be based in Spain, will assume responsibility for bolstering the firm’s […]