AXA acquire Global Insurance Management
Multinational insurance firm AXA has acquired Coventry based insurance expertise provider Global Insurance Management.
AXA has previously underwritten the risk for Global Insurance Management, however this acquisition will mean an entire takeover of the company.
AXA Assistance Europe regional chief executive, Bruno Jantet said, ‘Global brings a wealth of complementary skills and competences, as well as wide ranging expertise. This model provides Global with exceptional scope as AXA’s centre of excellence for extended warranty and related services.’
‘Global Insurance Management, who focus on mechanical and motor insurance, recently developed a web tool entitled Global Dealer Networking (GDN) which provides warranty sales and claims processing on an online platform. GDN will be used by AXA going forward.’