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2005

(23/08/2005) New recruit to drive forward AXA's private motor book

Anthony Lewis is joining the AXA personal lines underwriting team as private motor product manager with effect from 30 August. Anthony previously worked for MMA where he was motor underwriting manager.

Anthony's main challenge in his new role is to develop and lead the AXA private motor account to become a significant player in the intermediated motor market.

Edward Dutton, AXA's head of personal lines underwriting said: "I am delighted to have recruited Anthony to join my team of product managers. He comes with a wealth of knowledge and experience and an excellent reputation with our broking partners - which I look forward to putting to good use in rebuilding our market position in private motor.

"With our purely Full Cycle EDI proposition and a business all running on a single IT platform, the AXA motor business is in the best shape it has been in for many years".

Anthony adds: "I am very pleased to be joining AXA, especially given AXA's future aspirations and strong commitment to the motor market. It is a challenging time for motor insurers at present with fierce competition from all quarters requiring disciplined responses. However, I am looking forward to playing my part in helping AXA meet these challenges as a strong and successful player in private motor".

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About AXA

AXA is a world leader in financial protection. AXA's operations are diverse with major operations in Western Europe, North America and the Asia/Pacific area. AXA employs 120,000 staff and tied agents and, as of 31 December 2004, had €869 billion in assets under management. Reported total revenues for 2004 were approximately €72 billion. Our previous company performance is not a guide to how we may perform in the future.

AXA ordinary shares are listed on the Paris Stock Exchange; AXA American Depositary Shares (ADSs) are listed on the NYSE under the ticker symbol AXA.