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August 02, 2015 2:55 PM ET

Insurance

Company Overview of AXA UK plc

Company Overview

AXA UK plc operates in the wealth management, insurance products, and healthcare businesses in the United Kingdom and Ireland. It offers personal insurance products, such as car, home, pet, travel, and van insurance; and business insurance products, including employers' liability, professional indemnity, public liability, van, commercial and residential landlord insurance, commercial property, fleet and haulage, and shop insurance. The company also offers personal, business, and international health cover; and life insurance products. In addition, the company distributes a range of retirement and investment products, such as Elevate, an online investment platform that helps users in managing...

5 Old Broad Street

London,  EC2N 1AD

United Kingdom

Founded in 1994

14,494 Employees

Phone:

44 20 7920 5900

Fax:

44 20 7726 4965

Key Executives for AXA UK plc

Chief Executive, Executive Director, Member of Executive Committee, Member of Risk Committee and Member of Corporate Responsibility Committee
Age: 50
Chief Financial Officer and Executive Director
Age: 47
Group Chief Operating Officer
Non-Executive Director, Chairman of AXA Group and Chief Executive Officer of AXA Group
Age: 61
Chairman of AXA France and Chief Executive Officer of AXA France
Age: 68
Compensation as of Fiscal Year 2015.

AXA UK plc Key Developments

AXA UK Announces Executive Changes

AXA UK has appointed Bruno Charlin as chief Investment officer. He was previously COO of Group Investment & Group Head of Asset & Liability Management at AXA Group, a role he had held since 2010. Charlin has been an AXA employee since 2003, holding senior roles in AXA France as head of the Asset & Liability Management function and as CFO at AXA Assicurazioni in Milan. He has nearly 30 years' experience of the financial services industry primarily focused on risk functions and investment. As CIO, he will have responsibility for overseeing AXA UK's investments, including setting overall investment policy and directing all portfolio management, research, trading and investment strategy and supervising the management of the AXA UK pension fund. He is also in charge of Treasury and Corporate Finance activities. He replaces Eric Lhomond who was recently appointed as Global head of Alternative Credit and External Managers Group for AXA Investment Managers.

AXA UK plc Reports Earnings Results for the Year 2014

AXA UK plc reported earnings results for the year 2014. For the year, the company reported underlying earnings up 40% to £250 million against £178 million a year ago. General Insurance revenues rose by 3% to £3.8 billion against £3.7 billion a year ago. The combined operating ratioIV improved by 1.8% to 97.1% against 98.9% a year ago.

AXA Extends its Growth into Professional Indemnity Market with New Online Product Launch

AXA Commercial Lines and Personal Intermediary has added a new e-traded Professional Indemnity (PI) product to its Simple range. the new PI product is available to all AXA brokers for their small professional indemnity clients. With a minimum commission level of 25%, which can be flexed to a maximum of 40%, the product will provide cover for seven professional categories: design and construction, business and management consultants, accountants, architects and engineers, estate agents and surveyors, IT professionals and professionals operating in media sectors. The latest addition to AXA’s Simple range of products offers the same quick online processes and real time decisions on risks. Dominic Guest, Head of Professional Indemnity explained that AXA had combined a great PI product, with a quick and easy online solution for small businesses. The product has been designed specifically for SMEs with a maximum turnover of £1 million and lower for more exposed professions.

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