Axa and Prestige in £150m capacity deal
Axa Commercial Lines and Personal Intermediary has signed a five-year capacity deal worth £150m with Prestige Underwriting Services.
The deal is an extension to Axa’s existing partnership with the underwriter, which provides non-standard household and motor products to over 500 brokers.
Karen Hogg, managing director, personal intermediary at Axa, said: “One of the reasons that our relationship with Prestige works so well is that it is based on mutual benefits with neither party holding the upper hand and this is exactly the type of relationship we want to establish with all our partners.
“I am convinced that Prestige is well
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