AXA XL’s US marine business has partnered with Vindati, an insurtech managing general underwriter, to offer ocean cargo insurance for small and medium-sized businesses through Vindati’s proprietary online platform.
“With this partnership, we’re extending availability of our cargo coverage to a broader business base,” said Andrew D’Alessio, head of ocean cargo for AXA XL’s US marine insurance team. “Vindati’s online platform expands our distribution to Vindati’s relationships and gives our brokers easy access to instant, customizable quotes to address their clients’ cargo insurance needs. Focusing on US cargo risks with an international exposure of $25 million and less, businesses can now easily buy AXA XL cargo coverage and include inland transit and warehouse coverage as well. With this partnership, we have an attractive solution for a segment of the market that we ordinarily do not serve.”
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