Axa pledges schemes focus

brendan-mccafferty

Brendan McCafferty reveals that the insurer is looking to increase support to brokers who want to develop schemes.

Axa is looking to further develop its schemes offering to brokers according to its insurance CEO, Brendan McCafferty.

He told Insurance Age: “The economics of schemes are compelling but the sophistication of marketing them and analysing data are barriers [to some brokers setting up schemes]. We want to help brokers with this.”

This support will be broken down into three strands: development, marketing, and data insight.

“Schemes might be better performing but they have special characteristics

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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