Broker to take on new AXA motorcycle product
Bennetts has become the largest motorcycle broker to add AXA to its panel of insurers.
The subsidiary of Budget is taking on AXA's newly-developed motorcycle product increasing the number of insurers on its panel to ten.
AXA personal lines account manager Mark Andrew said: "Our motorcycle offering is a key development for us and so working with Bennetts was essential.
"This allows AXA to benefit from the intermediary's considerable expertise and knowledge and support its ambitious growth plans."
Andrew said: "One of the significant elements of the deal has been the speed with which Bennetts has brought the product to market - less than two months, which is highly impressive."
The AXA product has previously been used exclusively with smaller independent brokers.
Bennetts product development director Simon Jackson said: "The addition of AXA to the bike panel further strengthens the relationship we have as a group. We will be very interested to work closely with AXA to develop the product, and this, coupled with the electronic trading capability between us, should lead to significant strengthening of the relationship, panel, and continued improved profitability."
