AXA XL targets Canadian middle market with new insurance offering
TORONTO , /CNW/ -- AXA XL is expanding insurance offerings in Canada with the official launch of its Canada Middle Market business.
The announcement follows AXA XL's appointment in September 2024 of Arti Rawal as Chief Underwriting Officer – Middle Market, Canada . Ms. Rawal is charged with building the Middle Market team and developing products to support the business expansion in Canada .
"We're open for business," Ms. Rawal declared. "We're excited to start working with new clients and brokers, because we know that they have a lot to gain from the multiline insurance coverage provided by our experienced underwriters and backed by AXA XL's financial strength, suite of products and risk management capabilities."
AXA XL will be offering multiline coverages for middle market clients in Canada , which include property, general liability, umbrella and commercial auto. AXA XL will initially work with a limited number of brokers in British Columbia , Alberta and Ontario with plans to expand to additional broker partners in the future.
James Lee , Chief Agent and Head of Client & Distribution, said AXA XL's expansion into the Canadian middle market aligns with the company's desire to be a true risk management partner and provide value beyond the insurance policy. "Risk is growing more complex for all size businesses," Mr. Lee said. "By tailoring our insurance products and services to the middle market, we can help clients that might otherwise not have the resources to better face into risk."
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ABOUT AXA XL
AXA XL provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com
AXA XL 'Facing into Risk'
We're 'Facing into Risk'. Innovation has always kept the world moving forward, but it comes with risk. As a re/insurer, we believe that we must step up, face into risk and push the boundaries so that our clients can continue to drive progress. It is this belief that has inspired our new campaign, 'Facing into Risk'. Discover our solutions for business : axaxl.com/facing-into-risk.
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