AXA Commercial Lines has announced the appointment of Ryan Birbeck as the firm’s new London sales manager. Birbeck has been with the firm since 2005, and will report directly to London Branch Manager Linda Courtney. During his time with the firm he has occupied a range of roles, including in underwriting and sales. AXA Commercial [...]
AXA PPP healthcare has announced that it is enhancing its support for those policyholders with cancer/heart disease, with immediate effect. The insurer is now providing full cover for licensed cancer drugs, on its standard coverage levels for individuals and SMEs. Regarding cancer treatment, the firm is waiving any monetary limits applying to out-patient tests and [...]
Home insurer AXA has warned Britons that a range of factors could make 2012 one of the riskiest on record for home insurance claims. Britain is poised for an eventful year, including occasions such as the Olympics, the Diamond Jubilee, the possible continuation of drought conditions and ongoing economic pressure. Thefts from homes increase by [...]
AXA Personal Lines has appointed Nick Turner as managing director intermediary & partnerships sales, with immediate effect. Mr Turner, who succeeds Mike Keating, has held a number of distribution roles within AXA over the past 26 years and developed business partnerships across a range of the insurer’s propositions, both in the UK and globally. Most [...]
Research by AXA UK suggests that the UK’s small and medium-sized enterprises (SMEs) have a lower level of business insurance than similar firms across continental Europe. According to the study, only 39% of Britain’s SMEs currently have business interruption cover in place, while 47% of respondents hadn’t even drawn up a business continuity plan. At [...]
In response to recent speculation, AXA UK has announced that it has appointed Fenchurch Advisory Partners to advise on the potential sale of Bluefin Advisory Services (BAS), its employee benefits business. Fenchurch will also consider the prospects for the continued growth of the unit under its existing ownership. The French insurer is also keen to [...]
The third “Big Money Index” from AXA highlights a shift towards a more pessimistic financial outlook as the year-end approaches. The study reveals a “deepening gloom” among Britons as they re-tighten their belts, particularly among those nearing or in retirement. Almost one in four respondents said they were using their savings to maintain their lifestyles [...]
UK drivers are the least likely among European neighbours to help fellow motorists in distress, an AXA survey has found. The French insurer has labeled Britain a nation of “bad Samaritans” because just 6% of Brits questioned said they would always stop and ask a motorist who has broken down if they need help. In [...]
AXA is warning homeowners about the dangers of burst pipes due to adverse winter weather. The last two winters have both been historically severe, and saw one in every thousand people fall victim to burst pipes, with claims averaging £25,000. ‘Escape of water claims’ have spiked by 50% during the last two winters, putting tens [...]
Home insurer AXA has warned homeowners of the potential for significant damage during Halloween. Almost 10% of UK households have been damaged at one time or another by trick or treaters, and whilst most damage is minor some can be serious. Claims can increase by as much as 200% on Halloween compared to a typical [...]
AXA Commercial Lines has taken the lead in Brokerbility’s bi-annual satisfaction survey, for the third time in a row. Brokerbility’s 34 member firms made their judgment on claims, underwriting, accounts and overall satisfaction, where the rating increased to over 80%. According to the insurer’s managing director, Matthew Reed: “This is clear evidence that the changes [...]
AXA Commercial Lines has topped the Brokerbility bi-annual Satisfaction Survey for the third time in a row. The survey involves the 34 member firms rating seven key insurance partners according to a number of criteria including claims, underwriting and overall satisfaction. Brokerbility Chairman Ashwin Mistry said that AXA ought to take credit for its continual [...]
The days of burglars carting off their loot in vans may be gone, as AXA reveals there is £135.5bn in jewellery and small gadgets in British homes. The small but expensive items means that burglars can make off with a fortune, and need only a rucksack to carry their ill-gotten gains. According to research from [...]
The bad behaviour of some young drivers can be attributed, at least in part, to the driving style of their parents, research from AXA suggests. Drivers aged 18-30 are thrice more likely to have points on their licence or a ban if their parents have points or a ban. Younger drivers who have seen their [...]
AXA UK has welcomed the Government’s decision to ban personal injury referral fees but warned that the move may not achieve all that is hope for. The fees, which have been blamed for inflating motor insurance premiums, are the “tip of the iceberg” so far as AXA is concerned, and the insurer is demanding a [...]
The second AXA Big Money Index has found that in the second quarter consumers are taking a more relaxed approach towards borrowing and debt. AXA has described the findings as worrying, citing the increasing willingness of people to borrow and incur debts to enjoy a lifestyle their earnings cannot support. Meanwhile efforts to save or [...]
Car insurer AXA has warned that as many as twenty thousand British motorists may be the victims of so-called ghost insurance brokers, and therefore have invalid car insurance. The last few years have seen AXA observe increasing numbers of customers whose alleged broker has submitted false information (accurate information would have caused a higher premium [...]
Travel insurer AXA has warned British travellers that claims made due to dangerous new crazes will be rejected. AXA has seen a spike in such claims, with as many made in the summer of this year as in the whole of 2010. The insurer blames the rise in claims (such as falling off of balconies) [...]
