Axa and Budget tie up to implement full-cycle EDI

Axa has teamed up with Budget Insurance Services to develop full-cycle household electronic data int...

Axa has teamed up with Budget Insurance Services to develop full-cycle household electronic data interchange capability. Axa joined Budget's household panel in March 2004, and, since then, has worked with the Budget development team to become the first insurer on its household panel to implement full-cycle EDI. Three different products are available initially to complement the products available in the branch network.

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ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.