The insurer says the agreement forms ‘a key part in our travel strategy’
MGA David Oliver Associates (DOA Underwriting) has agreed a multimillion pound capacity deal with Axa Partners UK and Ireland, which will underwrite the MGA’s mass market travel insurance policies.
As part of the long-term agreement, Axa Partners UK and Ireland will underwrite DOA Underwriting’s travel insurance policies, which include medical screening, sports activities and cruises.
The insurer will also handle claims management across all of DOA Underwriting’s travel brands, such as SunWorld.
The partnership aims to extend the reach of DOA Underwriting’s travel policies – via approximately 1,500 brokers and insurance intermediaries in niche market sectors – as well as enhance the MGA’s customer experience and expand Axa Partners’ footprint in the travel insurance market.
Building market share
Speaking on the deal, Paul Moloney, client director at Axa Partners, said: “Our new partnership with DOA Underwriting - and its own brand SunWorld - plays a key part in our travel strategy, with the ultimate goal of providing a high standard of insurance cover for as many travellers as possible.
“We have recently gone through a rapid expansion phase in the travel space, which has been a result of our proven capability in this market.
“Working with DOA, [which] not only [brings] new distribution to Axa Partners, but also digital expertise, will only strengthen that position further.”
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Matthew Oliver, director at DOA Underwriting, added: “As a family-owned business, loyalty and customer experience are very important to us, as is being at the forefront of digital technology – both of which are shared values that first attracted us to Axa Partners.
“We are pleased to be entering a new Axa partnership, with the intention of making our customer experience the best it can be.
“We are extremely optimistic about what we can achieve through this collaboration and how our relationship with Axa Partners will grow in the future.”