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Philippe Maso parts company with AXA Group

AXA Group announced that after sixteen years of collaboration, Philippe Maso y Guell Rivet, former CEO of AXA Insurance UK, has agreed to part company with AXA.

AXA Elevate has improved its standard charging structure for higher value clients, and is effective from 1st February 2011.

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AXA UK has appointed Kevin Murray as group Chief Operating Officer (COO) and Chief Information Officer (CIO) from AXA Equitable Life Insurance Company.

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AXA research has identified Swansea to be the least respectful city in the country for motorists.

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AXA UK has changed the organisational structure of its general insurance business to give a sharper market focus and closer alignment to customer needs.

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Standard & Poor’s has lowered its insurer financial strength rating to ‘A-’ from ‘A+’ on AXA Sun Life PLC, currently a subsidiary of France-based AXA group.

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AXA has completed the sale of its UK traditional life and pensions businesses, its IFA protection and corporate pension businesses, and its annuity businesses.

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The new portal, Partner Space, offers independent brokers a secure forum where they can discuss insurance issues with Axa and other brokers using social media channels.

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Speculation of further bids from rival companies has kept Aviva’s share price rising today, despite its rejection of RSA’s £5bn bid for it’s general insurance business

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