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Centriq partners with AXXIS

29 August 2017Centriq Insurance
Left to Right - Jacques Wiese from AXXIS with Subashini Kallan from Centriq and Andre van der Merwe from AXXIS and Martin Le Roux from Centriq.

Left to Right - Jacques Wiese from AXXIS with Subashini Kallan from Centriq and Andre van der Merwe from AXXIS and Martin Le Roux from Centriq.

Centriq Insurance is pleased to announce its underwriting management agency (UMA) partnership with AXXIS Risk Solutions, effective 1 July.

Specialising in property insurance for corporate and large commercial clients, AXXIS underwrites assets all risk insurance via the insurance and reinsurance broker market.

“This type of policies are bespoke contracts of insurance as it covers elements of property damage, business interruption and in some cases, machinery breakdown, which can have a severe impact on a client’s profit and market share if not adequately management or insured,” explains André van der Merwe, managing director of AXXIS - a solutions driven UMA that follows a holistic approach by focusing on strategic relationships with select brokers.

Commenting on their partnership with Centriq, van der Merwe says they proudly associate with the specialist insurer. “In our business, professionalism and financial stability are key. We get this and much more from Centriq.”

Peter Jennett, chief executive officer of Centriq Insurance, says they are excited about the road ahead. “We are pleased that such quality underwriters chose to partner with us and know that together we will deliver excellent insurance solutions to the market.”

Both partners share the same values as far as business integrity, ethics, transparency and client relations are concerned, “and these aspects are and will always remain fundamental to high-quality insurance products, services and success,” concludes Jennett.

 

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QUESTION

Between 1918 and 2014, 32% of all of Lloyds of London’s insured losses were caused by flooding. With Climate change becoming a growing issue, is this a growing concern for insurers?

ANSWER

Yes, we have seen a significant increase in flood related losses
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