AXA Minifleet launches on Open GI

Axa launches Minifleet on Open GI and Applied

AXA Insurance has launched its Minifleet product on the Open GI and Applied Systems software platforms.

The product, which went live for brokers on 19 January, offers customisable cover for motor fleets up to 15 vehicles under one policy and up to 20 vehicles for mid-term adjustments and renewal.

The move comes as part of AXA’s commitment to grow it’s presence in the SME broking space, with Property Owners, Tradesman and SME Package products already available via the software houses.

Commenting on the launch, Deepak Soni, Director of Commercial Intermediary e-trading, AXA Insurance said: “To help distribute our cover, we’ve launched our Minifleet product on Open GI and Applied Systems. This forms part of our wider strategy to provide brokers with the tools to trade in volume on the platform of their choice.

“With Minifleet insurance remaining a significant product offering for our brokers, but profitability still a challenge within this market, e-trading is becoming a key focus for our customers.”

David Kelly, Distribution Director at Open GI said:

“This latest launch on Powerplace SME will support brokers in growing their digital presence, offering competitive and comprehensive cover and meeting demand from their SME clients”

David Kelly, Distribution Director at Open GI said:

“The business of insurance continues to become more connected, with broker demand for increased insurer connectivity on the rise. In partnering with AXA, we are further enabling brokers to recognize the benefits of the connected insurer, delivering expanded product choice to our broker partners and driving greater automation via integrated e-trading.”

Jeff Purdy, Senior Vice President of International Operations, Applied Systems, added:

Notes to Editors:

Open GI is the leading technology partner to general insurance brokers in the UK and Irish markets. Its Core broking platform provides multi-line, multi-channel, multi-brand trading capability complemented by innovative ecommerce and mobile technologies. Open GI is part of the Open International Group alongside sister companies Open GI London and Open GI Ireland

About AXA

The AXA Group is a worldwide leader in insurance and asset management, with 166,000 employees serving 103 million clients in 64 countries. In 2015, IFRS revenues amounted to Euro 99.0 billion and IFRS underlying earnings to Euro 5.6 billion. AXA had Euro 1,363 billion assets under management as of December 31, 2015. In 2015 Interbrand ranked AXA the 1st insurance brand worldwide for the 8th consecutive year.

In the UK AXA operates through a number of business units including: AXA Wealth, AXA Insurance, AXA PPP healthcare, AXA Ireland and an independent distribution business Bluefin. AXA employs over 10,500 staff in the UK.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY.

The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD.

It is a founding member of the UN Environment Programme’s Finance Initiative (UNEP FI) Principles for Sustainable Insurance and a signatory of the UN Principles for Responsible Investment.

Enquiries

Martin Friel –  07775 014 597 –  martin.friel@axa-insurance.co.uk
Leigh Jackson – 07775 018588 – leigh.jackson@axa-insurance.co.uk