AXA Commercial Lines & Personal Intermediary

5 Old Broad Street London EC2N 1AD
+44 (0)1204 380480
  • About AXA

    In July 2012 the AXA Commercial Lines and Personal Intermediary businesses came together to form a new single organisation – AXA Commercial Lines and Personal Intermediary. Led by Amanda Blanc, the business offers brokers a more integrated and consistent approach from AXA which is focussed on their needs as a business – whatever the product. AXA Commercial Lines & Personal Intermediary provides underwriting expertise, offering a range of commercial lines and personal lines products and insurance solutions to our brokers and customers.  AXA Commercial & Personal Intermediary is part of AXA Group, a worldwide leader in insurance and asset management serving 101 million clients. 

AXA to sell its healthcare intermediary to Ardonagh Group owners

AXA -to-sell-its-healthcare-intermediary

AXA has announced that it had entered into an agreement to sell its whole of market intermediary, Health and Protection Solutions Ltd (trading as “The Health Insurance Group”).  The transaction is expected to complete in the second quarter, subject to regulatory approvals.

The Health Insurance Group is a leading whole of market healthcare broker, providing health and wellbeing solutions to both individuals and businesses.

Highbridge Principal Strategies (HPS) and Madison Dearborn Partners (MDP) will acquire The Health Insurance Group into a jointly owned entity (Nevada Investments Topco). Both HPS and MDP are leading US private equity firms with a growing portfolio of leading UK broking brands, including a major shareholding within The Ardonagh Group.

Keith Gibbs, Chief Executive, AXA PPP healthcare commented:

“The Health Insurance Group joined AXA in 2008 and, in the past ten years, has formed a strong part of our business. However, as part of AXA’s strategy in the UK, we have concluded that whole of market intermediaries who offer advised sales are best placed within businesses focussed on distribution, and this transaction will allow The Health Insurance Group to form part of a portfolio of leading broking businesses. We look forward to continuing to work closely with THIG to provide AXA PPP solutions for their customers.”

Matthew Raino, Managing Director, MDP commented:

“We can confirm we are currently finalising the purchase of The Health Insurance Group from AXA. As an award winning independent health insurance and wellbeing broker with a strong track record of growth, THIG will be an ideal addition to our growing portfolio of UK insurance assets.”

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