12 November 2015
Yachting and Pleasure craft covers presented at Qatar International Boat Show

Two More AXA Shops to Open at the Pearl and Barwa City

Spurred by the company's steady growth in Qatar, AXA Gulf, one of the leading international insurers in the region, unveiled their new yacht and pleasure craft offer at the Qatar International Boat Show. Furthermore, AXA Gulf has also announced the opening of two new AXA Shops at the Pearl, and Barwa City, in Doha to meet enhanced customer demand.

The new product, AXA Sail Master Plus, has been locally developed and improved through the years to cater for boat or yacht owners' requirements. AXA Sail Master Plus will cover the vessel against accidental loss or damage, whilst also protecting the owner against any liabilities towards third parties. The product can also be customized to cover major boating activities.

"Qatar is a priority market for AXA and we are committed to introduce customised insurance solutions that address the diverse risk requirements of customers across various segments", said Salim Mansour, Country Manager, AXA Qatar. "The methodology behind our new insurance solution is tried and tested to suit the needs of boat owners and provide them with utmost service throughout the policy duration."

In another indication of AXA's commitment to growth and investment in the Qatar market, AXA Gulf unveiled that before the end of the year, two new AXA Shops will open to the public. These shops are strategically situated in community settings, to ensure the growing needs of our growing customer base are met.

"At AXA, we are focused on becoming the preferred insurance company for our stakeholders in the Gulf and accelerating growth by enhancing our multi access model, including AXA Shops," added Salim.

AXA Gulf's multi-access and multi-channel distribution model will offer a host of tailored insurance solutions for individuals and businesses, as it does throughout the GCC Region, in addition to enhanced digital options, a Regional Call Centre and more.

ABOUT THE AXA in the gulf
With a workforce of over 1,000 employees, 39 branches & retail shops region-wide, more than 1 million customers and 2014 gross written premium of over US$ 937 million, AXA is one of the largest international player in the GCC. Present in the region for more than 60 years, AXA in the Gulf offers a wide range of insurance products and services for corporate and individual customers. The company has been awarded Insurer of the Year for the 5th consecutive year in 2014 and Personal Lines insurer for the 3rd consecutive year in 2015 at the MENA Insurance Awards and best Motor insurance product by the Banker Middle East in both UAE & KSA.  

As part of AXA's Corporate Responsibility and its commitment to building better understanding about the health risks faced by individuals and the society, the company achieved a new Guinness world record for the most blood cholesterol readings in 8 hours at a single venue.

Website: www.axa-gulf.com

ABOUT THE AXA GROUP
The AXA Group is a worldwide leader in insurance and asset management, with 157,000 employees serving 103 million clients in 59 countries. In 2014, IFRS revenues amounted to Euro 92.0 billion and IFRS underlying earnings to Euro 5.1 billion. AXA had Euro 1,277 billion in assets under management as of December 31, 2014. For the sixth year in a row, AXA has maintained its position as a leading global insurance brand, placing it among the world's 100 Best Global Brands by Interbrand as well as the Best Global Green Brand in insurance, putting AXA in the top 50 of all global green brands.

Website: www.axa.com

For further information, please contact:
Sherif Zaki
Senior Manager                              
GolinMENA
+971 4 332 3308
szaki@golin.ae    

© Press Release 2015