Reinsurance News

AXA Partners and Ancileo renew partnership

12th March 2021 - Author: Katie Baker

AXA’s global Business-to-Business-to-Consumer unit AXA Partners and Ancileo have announced a renewal of their partnership to further bolster their position in the travel insurance market post-pandemic.

axa-logoAncileo is a digital insurance platform provider which specialises in providing insurance technology, API & insurance software solutions to insurers.

The technology developed by Ancileo allows integration across the Travel partner’s entire customer journey, from fully embedded in the purchase funnel to stand alone white label customer interface and various offline touch points.

Olivier Michel, Founder and CEO of Ancileo said: “Three years ago, when most of the global insurers were still trying to compete with the insurtech players, the teams at AXA Partners had already understood the benefits of a strong partnership between insurtech companies and insurers. Building on this successful collaboration, we now aim to accelerate the potential of personalised insurance distribution through digital ecosystems.”

Xavier Blanchard, Travel Insurance CEO and Global head of Travel at AXA Partners commented: “Appetite for Travel post Covid is widespread, with greater importance attached to insurance. To support this accelerated growth, cutting edge e-commerce capabilities are a key element, particularly to optional models that present a greater technical challenge for e-commerce. Our partnership with Ancileo will highly contribute to meeting these challenges, better addressing partners’ need and strengthening our positioning as a leading insurer.”

Paul-Antoine Cristofari, Global Head of Markets at AXA Partners added: “Our partnership with Ancileo combines the strengths of a leading insurance brand with the agility of a digital player, allowing to meet partners’ increased expectations in a post-Covid world regarding end-to-end digital integration and flexibility of the customer journey. We are pleased to renew this collaboration to the benefit of our partners’ performance and time-to-market.”

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