AXA will take on 100% underwriting risks
AXA has formed a five year underwriting partnership with Homeserve, it was recently announced.
In its trading update, Homeserve – the home emergency services company, announced that following a detailed review of its current structure, AXA will take 100% of the company’s underwriting risk for new business starting 1 October.
A statement said: “In addition to improving the margins in our policy membership business, the new arrangements will result in a release of funds from our captive insurance company.”
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
