23 January 2011
Insurer of the Year at the MENA Insurance Awards

People's Choice Car Insurer at CAR Middle East Awards

Reinforcing its leadership in the insurance sector across the region, AXA Gulf - one of the largest non-life international insurers in the Middle East - has won two prestigious awards: 'People's Choice Award for Best Car Insurer' by Car Middle East and the Insurer of the Year by MENA Insurance Awards.

AXA Gulf was chosen for the Insurer of the Year 2010 award at the MENA Insurance Awards for the second time in a row.  AXA Gulf's selection was based on  its commitment to its customers, innovation, and consistent delivery of high quality coverage and a strong and persistent financial performance. The award was given out at the Address Hotel recently which was attended by around 150 delegates representing decision makers from Arab and international insurance and reinsurance companies, regulatory agencies, brokers and banks.

The Car Middle East award was given to AXA Gulf based on the votes received by readers of the magazine via its website. All votes were fed into a database and counted where AXA Gulf emerged as the most popular insurer with the readers of CAR Middle East.  CAR Middle East honours the best cars of the year, as also other top achievers in the arena.

In his comments, Jean-Louis Laurent Josi, CEO, AXA Gulf, said: "I am really honoured on behalf of AXA Gulf that we were granted these two prestigious awards. I would like to thank our customers who recognize and value the commitment of the company to give them the highest standards in terms of products and quality of service. These awards also acknowledge the great work of the AXA employees and I would like to take this opportunity to thank everyone for their contribution and genuine engagement. The fact that AXA Gulf received for the second time in a row the "Insurer of the Year Award" is a great recognition of the long term dedication of the staff in making AXA the preferred insurer for our customers and distributors".

Alexis de Beauregard, Chief Officer - Marketing and Retail Product Offering at AXA Gulf, said: "This is a  privilege for AXA to be judged as a winner for both awards. Furthermore, the People's Choice Awards comes directly from customers, which shows that our efforts to be customer centric is paying off and certainly convinces us even further to continue investing in the quality of service. We will therefore do our utmost to continue to setting benchmarks with product innovation and customer service."

In the past few years, AXA Gulf has demonstrated its commitment to being available, reliable and attentive. AXA Gulf massively invested in state-of-the-art call centres and  also in its Internet solutions and extended its presence through walk-in shops in malls in Bahrain and Oman.. Thanks to these investments, AXA Gulf now provides a unique range of contact points for its customers: brokers, Internet, walk-in branches, mall shops and the telephone.

Also, as a responsible insurer, AXA Gulf puts Corporate Responsibility at the heart of what it does by aligning corporate responsibility more closely with its products and areas of operation. Among others, AXA has been promoting safe driving in many ways; by offering safer drivers lower premiums, tying up with the Safer Driver organisation to encourage people to party wisely by using the valet service and sponsoring the Caltex Road Star Safer driver campaign every year.

-Ends-

About AXA in the GCC
With a workforce of over 700 employees, 12 offices region-wide, serving a customer base of over a half million customers and a gross written premium of over US$ 480 million, AXA is a major international insurer in the Middle East offering a wide range of insurance products and services for corporate and individual customers.

About AXA group
AXA group's operations are diverse geographically, with major operations in Europe, North America and the Asia/Pacific area with 67 million clients and 135,000 employees. For 1H09, IFRS revenues amounted to Euro 48.4 billion and IFRS underlying earnings to Euro 2.1 billion. AXA had Euro 967 billion in assets under management as of June 30, 2009.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISIN FR0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA). The American Depository Share is also listed on the NYSE under the ticker symbol AXA.

For additional information, please contact:
Alexis de Beauregard/ Lianne Braganza-D'Sylva                                                    
AXA Gulf Marketing,
Tel: +971 4 4453850/ 4453854                       
Email: alexis.debeauregard@axa-gulf.com/ lianne.dsylva@axa-gulf.com

© Press Release 2011