AXA and Avantia Group announce multi-year extension to partnership

AXA and Avantia Group have announced a multi-year partnership extension

The deal sees AXA continue to provide capacity for Avantia's large and high-growth customer base

AXA UK has today announced the renewal of its partnership with Avantia Group in a new multi-year deal. The deal sees AXA continue to provide capacity for Avantia's Homeprotect customers.

AXA and Avantia first partnered in 2012 and the extension signals the strength of the long-standing relationship between the two brands, with AXA being a lead insurers and Homeprotect being the market leader in non-standard home insurance.

This ongoing relationship signals our commitment to the market and the value we see in impactful partnerships. I’m looking forward to working closely with Avantia Group so that together we can continue to deliver positive experiences for home insurance customers.

Alain Zweibrucker, CEO at AXA Retail

Non-standard is a large part of the UK home insurance market, and as the market leader we still see huge growth potential. AXA’s backing has given us the strongest foundation to build other capabilities across the value chain, with agile, tech-enabled platforms and an industry-first, AI-driven claims model. We look forward to developing our relationship with them further over the next five years.

Mark Eastham, CEO at Avantia Group

Media contacts

Legal notes

About AXA UK

AXA Insurance UK plc registered in England and Wales under registered number 078950 and authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority under Financial Conduct Authority registration number 202312. Registered office is 20 Gracechurch Street, London, EC3V 0BG.

AXA UK is part of the AXA Group, a worldwide leader in insurance and asset management, with 147,000 employees serving 94 million clients in 50 countries. In 2023, IFRS revenues amounted to Euro 102.7 billion and underlying earnings to Euro 7.6 billion. AXA had Euro 844 billion in assets under management as of December 31, 2023.

In the UK & Ireland, AXA operates through a number of business units including: AXA Insurance, AXA Health and AXA Ireland. AXA UK & Ireland employs around 10,000 staff.

Important legal information and cautionary statements concerning forward-looking statements

Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans, expectations or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause AXA’s actual results to differ materially from those expressed or implied in such forward looking statements. Please refer to Part 5: “Risk Factors and Risk Management” of AXA’s Universal Registration Document 2022, for a description of certain important factors, risks and uncertainties that may affect AXA’s business and / or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as required by applicable laws and regulations.