General Insurance Article - Axa and Lloyds Banking Group grow long term partnership



AXA Partners has extended its partnership with Lloyds Banking Group with a new multi-year deal, which now sees the company providing Home Emergency cover to over one million customers.

 AXA Partners has been providing cover to Lloyds Banking Group for 15 years, and this new deal not only extends their existing partnership, but the company will also now provide cover to Lloyds Bank and Bank of Scotland Premier Added Value Account customers. 

 AXA Partners’ success in retaining the business, and growing its remit to include Lloyds Banking Group’s Premier accounts, comes following a competitive tender process. The business has also significantly invested in new technology, which will streamline communications during the claim journey and improve the customer experience.

 Charles Dennison, Sales Director at AXA Partners, commented: “We are delighted to extend our relationship with Lloyds Banking Group, which we see as testament to their belief in our capabilities, as well as our professional approach to responding to this tender. Our recent investment in innovation, and new customer-facing technology, helped to demonstrate why AXA Partners will continue to provide a ‘best in class’ customer proposition for its banking customers.”
  

Back to Index


Similar News to this Story

US insurers leading the AI arms race
New research from leading Insurtech provider, hyperexponential (hx), reveals that while insurers are energised by the potential of artificial intellig
Hurricanes and earthquakes could lead to USD300bn losses
Following the long-term annual growth trend of 5–7%, global insured natural catastrophe losses may reach USD 145 billion in 2025, mainly driven by sec
FCA set to launch live AI testing service
The FCA is seeking views from firms about how its live AI testing service can help them to deploy safe and responsible AI, which will benefit UK consu

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.