Today, AXA Group announced the launch of AXA Partners, a unit dedicated to developing partnership business globally. AXA Partners will be involved in co-creation of offers and distribution agreements whereby AXA will be insuring or delivering a service to private individuals and SMEs, via a partner.
As part of its mission, AXA Partners will:
The main partnerships will be managed according to the following sectors:
We are convinced many companies and organizations - from car manufacturers to the leaders of the fast-growing sharing economy - could enrich their offering with insurance products and services, to enhance the experience and the protection of their clients. AXA Partners aims to become the partner of choice for these companies, by building a specific expertise and providing dedicated resources to develop innovative and tailored insurance solutions, be the easiest to do business with, and deliver a great service to the end customer. AXA Partners is uniquely positioned to promote partnerships with both global and local players leveraging the worldwide presence of the AXA Group, its know-how across insurance business lines, and the strength of local AXA entities. Partnership business delivers today over 4 billion Euro of revenue across the Group and the success of AXA Partners will make it a source of sustainable growth for AXA going forward.
Jérôme Droesch, currently CEO of AXA Gulf, is appointed CEO of AXA Partners. In addition, he will supervize the two existing business entities that currently manage global partnerships: AXA Assistance and AXA Creditor (including potential acquisition of Genworth Lifestyle Protection Insurance). In addition to his role of Chairman & CEO of AXA Assistance, Serge Morelli is appointed Deputy CEO of AXA Partners. Corinne Vitrac, Managing Director of AXA Creditor, will also report to Jérôme Droesch.