Product is AXA’s fifth addition to online marketplace

AXA’s UK commercial lines and personal intermediary division has launched a shop insurance product on the PowerPlace online marketplace.

The product, called AXA Retailers, is the insurer’s fifth addition to PowerPlace, and the company is planning to launch a further product there in the coming months.

AXA Retailers provides a combination of standard and optional covers for businesses ranging from small retailers to large independent shops and franchises.

PowerPlace chief executive Nick Giddings said: “PowerPlace is committed to ensuring that brokers have access to a wide range of products to competitively compare for their end consumer.

“This latest product ensures that we continue to provide that choice and, as our relationship with AXA continues to go from strength to strength, we look forward to announcing more additions during 2014.”

AXA head of commercial e-commerce Jason Bridgman added: “Brokers’ appetite for online trading is reaching an all-time high and continues to grow. We are committed to the development of AXA’s products on PowerPlace and strive to satisfy this demand with the addition of more products in the future.”


The Digital Insurer - 29 April

Insurance Times is holding a half-day event called The Digital Insurer, which will address the key issues facing UK insurers as they transform their business.

Held on 29 April at the Royal College of Physicians in London, the event incorporates breakfast roundtables, special presentations, panel debates and a networking lunch. 

AXA chief executive commercial lines and personal intermediary Amanda Blanc will present the keynote on her vision of digital insurance.

“Digital should and must impact every aspect of the modern insurer from marketing and distribution to claims and underwriting and everything in between,” Blanc said.

“The Digital Insurer is a great opportunity for the market to debate the challenges and opportunities that moving to a digital framework throw up and how we as a market can improve delivery for our customers.”

Other senior panellists include UK General Insurance group chief executive Peter Hubbard, Ageas UK chief executive Andy Watson, and AIG UK and Israel managing director Nicolas Aubert.

Click here for more information.