New offering provides cover for more than 250 trades with turnover of up to £2.5m

AXA Insurance has added an SME product for retailers to the Open GI platform.

The new Retailers SME offering joins the insurer’s tradesmen and professionals and Landlords products which are already live on the platform.

The product, which will rolled out through the AXA connect division, provides cover for more than 250 trades with turnover of up to £2.5m, covering up to five premises. Premiums start at £165.

The latest development follows the launch of two new products, AXA Business Choice and AXA Minifleet, and the addition of 25,000 new broker customers to the AXA connect system.

Commercial intermediary e-trading director Deepak Soni said: “Our ability to have a comprehensive, simple to use and easy to access digital proposition requires our products to be available through every channel that brokers use.

“Open GI are an important element of the wider digital landscape and AXA is committed to using them and other software platforms to realise our ambition of becoming the default insurer for brokers trading SME online.”

AXA Minifleet, AXA Business Choice and Office and Surgeries will be made available on the Open GI system in the coming months.