Green-AXA deal is the latest since Aviva announced it’s split from GRP-owned brokers
GRP-owned Green Insurance Group has entered into a strategic partnership with AXA.
The move follows a wave of similar deals for GRP-owned brokers in the wake of the announcement Aviva will cease dealing with all the group’s brokers.
This has included Higos extending its strategic partnership with Allianz and Zurich taking up commercial and personal lines business with Sagar, McGrady’s and Abbey Bond Lovis.
In a separate announcement, Mike Bruce, GRP’s chief executive of broking, revealed an arrangement has also been put in place with Allianz to manage motor trade portfolios for Sagar, McGrady’s and Abbey Bond Lovis.
The AXA agreement sees it take on the agency for Greens’ commercial combined and fleet business portfolios, as well as some contractors business.
Duncan Coleman, managing director of Greens, said: “We are delighted to enter into a strategic partnership with AXA.
“Nick Watson’s team at AXA share our strong commitment to providing high quality products and services, including first class claims management, for our commercial clients.”
Watson, director of commercial distribution at AXA, said: “This agreement helps cement our long standing relationship with the team at Greens.
“Our respective businesses have worked well together over the years and I am pleased that we can continue to offer Greens access to AXA’s wide commercial proposition and all the benefits that brings to their strong client base.”
And Bruce added: “AXA’s support for Greens will bring added benefits to clients and we look forward to a long and fruitful partnership.”