2007
(26/11/2007) AXA launches specialist insurance packages for Tradesmen and Professionals
AXA today launched Tradesmen and Professionals, two new products designed specifically for small businesses without premises to insure.
Both products can be tailor-made to ensure that a small business only pays for the insurance cover it requires. Business owners are provided with the flexibility to choose the precise areas and level of cover they need to fit their business needs.
The products cover a total of 456 trades, all of which are individually rated. Standard features include £1 million public liability cover with options up to £5 million, £2000 personal accident cover for death and capital benefits, and up to 50 man days of temporary cover.
Both products are fully automated and are available electronically via AXA Business Risk (ABR) or iMarket, or by calling AXA’s Commercial Partner Centre.
AXA is one of the first insurers to provide a product specifically for Professionals, which also includes professional indemnity cover for certain trades.
Gary Stott, general manager of AXA’s commercial lines commented: “We are very pleased to announce the launch of Tradesmen and Professionals. The needs of small business owners will be better met through these products, as cover can be tailored to business requirements. The introduction of Professionals as a stand alone product is a first in the market and is especially important to us, considering our focus on the Professional Services Market.
“In line with our commitment to customer service, we will also ensure the competitiveness of these products through regular monitoring and benchmarking.”
More information can be found at www.axa.co.uk/tailormade
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AXA UK is a part of the AXA Group. AXA Group is a worldwide leader in Financial Protection. AXA's operations are diverse geographically, with major operations in Western Europe, North America and the Asia/Pacific area. For full year 2006, IFRS revenues amounted to €79 billion and adjusted earnings amounted to €5,140 million.
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