Axa and RSA sign new distribution deal

Insurers Axa and Royal & SunAlliance have announced a major distribution deal that will see them han...

Insurers Axa and Royal & SunAlliance have announced a major distribution deal that will see them handle £310m and £170m of new business respectively, over the next three years. Axa and RSA claim the deal with Primary Broker Services is the largest binding authority deal sealed in the UK and will produce an estimated £120m gross written premium in year one and a £500m total by 2009.

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