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THB gets AXA underwriting backing

THB gets AXA underwriting backing | Insurance Business UK

THB gets AXA underwriting backing

A new insurance tie-up will see AXA underwriting the 24-year-old “Fleet UK” offering of wholesale broker THB.

“Fleet UK remains a premier fleet product for risk-managed fleets of all sizes,” noted Fleet UK managing director Glen McCully. “With AXA as our new partner from January 01, and the full risk management backing of Cardinus and Driive, we’re excited that we can continue to offer this excellent product.

“Our new partnership with AXA gives us the opportunity to refresh our commitment to this quality motor fleet proposition for our brokers, with whom we have forged strong relationships over the years. We look forward to working alongside AXA to promote the many benefits of Fleet UK.”

Distributed through approximately 600 brokers, Fleet UK combines risk management services with road safety telematics and fleet analysis provided by Cardinus Risk Management and Driive, respectively.

According to THB, its agreement with AXA was borne out of its desire to partner with a fleet insurer that values underwriting expertise as well as the latter’s commitment to offering flexible solutions for its clients and brokers.

“AXA is thrilled to partner with THB,” commented AXA’s Steve Browne, head of casualty insurance, fleet & motor trade, in the UK. “The Fleet UK product, through its real-time service, offers the opportunity to discuss individual risks in detail and fits perfectly with our ‘payer to partner’ strategy, allowing us to bring our safety and risk management expertise to bear.

“I am looking forward to a long and successful partnership with THB and Fleet UK, supporting a quality proposition and being able to work with such a great network of brokers.”