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.
Small shops slash growth planning for 2019, but is a high street revival ahead?
A snapshot of small shops at the close of 20181, conducted by AXA Business Insurance, reveals that while income levels struggle and overheads continue to rise, there is cause for optimism about the future of the British little shop. Growth plans by established businesses are at their lowest level in five years, but interest in empty shop spaces as vehicles for business creation is growing.
Growth plans are muted going into 2019: 11 per cent of small shops expect to hire staff in 2019, which is a fall of four percentage points on last year. Investment planning is down by half, as just 15 per cent will invest in growing their business in 2019 (this was 28 per cent when the surveys began in 2014).
To read the full article from AXA, click the link below….
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