Axa signs up to Powerplace

Matthew Reed of Axa Commercial Lines

Powerplace has finally secured what it describes as the “3 As” after announcing Axa’s intention to join its panel.

CEO Matthew Reed confirmed that Axa had committed to join the panel but said there had been a delay due to the insurer's desire to launch via the imarket portal.

Talking about further additions to the insurer panel, Mr Reed said that he was looking to add more specialist insurers: "I would like to be able to say to brokers that we have the perfect panel and we are looking to double the size of our property owners' panel by middle of next year. We need to look at the insurers that are offering

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