Axa UK plans to increase business traded online
Axa UK hopes to sell 50% of its intermediated commercial business online by the end of 2004, accordi...
Axa UK hopes to sell 50% of its intermediated commercial business online by the end of 2004, according to chief executive Peter Hubbard.
Hubbard said the company now sells 10% of its commercial book online, a year after the launch of its extranet businessrisk.com.
"Our half-year results showed a 19% increase in our commercial revenues. Although some of this is down to increased premiums, we are also writing 5% more policies than we were last year," he explained. "We now write 14% of our prime and
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