Products: Axa and Ageas turn to partnerships to offer brokers enhanced products
Both Axa and Ageas decided to go down the partnership route last month to expand their offerings to brokers.
In its move, Axa Commercial Lines and Personal Intermediary signed an exclusive five-year capacity deal worth £150m with Prestige Underwriting Services.
The deal will see the insurer provide Prestige with capacity to underwrite non-standard household and motor products and is an extension to an existing partnership with Prestige which provides a range of non-standard household and motor products to over 500 brokers.
Karen Hogg, managing director, Personal Intermediary at Axa, commented: “I am
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