Another Imarket first for Acturis and Axa

Software house Acturis has instigated the move and is now set to roll out full-cycle trading for other Axa products in the coming weeks.

Theo Duchen, Co-CEO of Acturis, said: “Taking the imarket products to full cycle is an important step as it enables brokers to manage these package policies electronically, end to end, within the Acturis system without manual intervention from an insurer.”

Axa and Acturis launched real time electronic Mid-Term-Adjustments (MTAs) on seven small to medium-siz