AXA is the 7th insurer to join Berkeley Alexander since it launched the system in July 2012, bringing the total number of products available to 15.
The suite of three AXA products are powerful additions to the panel:
- Extra: a standard ‘bedroom-rated’ product, giving £1m for buildings and £75,000 for contents
- Exclusive: a ‘mid net worth’ product, with a sum-insured rate up to £1.5m for buildings, and £300,000 contents
- First: an economy “bedroom rated” product, giving £350,000 for buildings & £35,000 for contents, up to a maximum of 3 bedrooms.
Speaking about the expansion, Geoff Hall, Managing Director commented:
“I’m delighted to announce yet another expansion of our online household panel. This furthers our position as the GI provider of choice for mortgage brokers and IFA’s looking to deliver clients with a wide range of products from leading insurers, something we have invested heavily in achieving. It is a terrific boost to have one of the UK’s leading insurers on board and stands as testament to our reputation in the market and commitment to providing advisers with a competitive and easy to use single sourcing system.”
Mark Blanchette, AXA’s Account Manager, also commented:
“Berkeley Alexander have a refreshing approach to GI distribution, and we are pleased to join their panel and lend our support as they work hard to deliver an ever-widening choice for advisers. We believe that our products bring something different and worthwhile to the BA party, and I’m convinced that they will compare well in the marketplace. I look forward to a successful and rewarding partnership for all concerned.”
