Axa
Right move, wrong time?
Axa’s ambition to grow in the current soft market is high risk but there may be some sound strategic reasons why it is trying, explains Tony Cornell
Axa, Allianz and QBE in the frame for HSBC
Allianz and Axa are among the potential bidders for HSBC’s general insurance business, according to reports.
XL looks to Axa and Zurich to broaden middle market appetite
XL Insurance has broadened its appetite in the mid market space by opening up its offering to business with a turnover of between £25m-£250m.
Referral fee ban could be catastrophic for brokers
Industry experts have warned that brokers reliant on an income stream from referral fees could find the government’s ban disastrous for their business.
Insurers see referral fee ban as important first step
The Association of British Insurers (ABI)and Axa have welcomed the government’s announcement that they will ban the selling on of personal injury details for referral fees.
FOS names and shames PPI providers
The Financial Ombudsman Service (FOS) has named the providers of payment protection insurance (PPI) cases as it announced that complaints more than doubled to 98,632 in the first six months of 2011 compared to the second half of 2010.
Products: Axa to simplify product lines
As part of Axa Commercial chief executive Amanda Blanc’s new strategy, she has unveiled plans to launch a double pronged attack with a portfolio of simple and complex products.
L&G hires new broker director ahead of personal lines push
Legal & General’s general insurance business has appointed Mark Holweger to the new role of broker and intermediary director.
Updated: mixed insurer riot claims notifications risk causing confusion
Insurers have failed to adopt a blanket policy on increasing their claims notification period following the government’s decision to extend the notification deadline to 42 days under the Riot (Damages) Act.
Axa Assistance appoints new motor director
Axa Assistance UK has announced that Richard Ware has been appointed director and deputy motor general manager.
Blanc sets record GWP target
Amanda Blanc has vowed to surpass Axa Commercial's gross written premium (GWP)record by writing £1.2bn worth of business by 2015.
Axa points to referral fees to explain continued rise in costs
Axa UK has reported an improved combined ratio for the first half of 2011 but is still at a break even point of 100% while the total UK and Ireland property and casualty revenues came in at £2bn.
Biba healthcare group founder resigns, labelling it a toothless tiger
The British Insurance Brokers’ Association (Biba) healthcare focus group has been dealt a further blow with the resignation of one of its founder members.
Products: Axa offers chartered brokers benefits
Axa Commercial Lines has announced its intention to favour chartered brokers with the launch of a specialist proposition that it said would deliver a range of unique benefits. The insurer plans to hold a number of discussion groups nationwide to help …
Product roundup: It’s a Standard Life for the man from the Pru
The finish line is now visible for the much discussed integration of Standard Life Health into Pruhealth, following its acquisition last year. The insurer has taken the move as an opportunity to adopt what it calls a leadership stance on differential…
Profile: Back on track
David Williams tells Emmanuel Kenning how Axa lost its way, his part in putting it on the right track and how he has managed to survive and thrive at the company
Chris Hanks' replacement as CII president elected
Julian James has been elected 115th president of the Chartered Insurance Institute (CII).
NIG raids rivals to boost Midlands team
NIG has lured staff away from Keychoice Underwriting, Axa, Bluefin and UK General with four appointments at its Midlands regional office in Birmingham.
Admiral to keep referral fees
Chief executive officer of Admiral, Henry Engelhardt has defended the insurer’s stance on referral fees stating “We're not doing anything that I would not tell my mother about.”
Axa launches on Powerplace
Axa Commercial Lines has launched its tradesmen and professional liability products on Powerplace.
Axa Assistance reports rise in turnover and profit
Axa Assistance has announced a 5.2% increase in turnover to £829.2m (€929m) for 2010 from £788m in 2009 along with a rise in net profit to £17.8m (2009: £11.2m).
Axa recruitment signals "core market growth"
Axa Assistance UK today announced the appointment of Kelly Ward as sales and marketing director with a view to accelerating growth in the motor, property, health and legal assistance sectors.
Insurance Age blog: Where did the culture of compensation come from?
When Axa came out and sang from the roof tops about its decision to ban referral fees, it labelled the move "a first step in a journey to reform the emerging compensation culture which it claimed was spiralling out of control".