AXA XL enters partnership with insurtech, expands private residential flood

AXA XL | September 12, 2019

AXA XL has entered a strategic underwriting partnership with all-digital flood insurance program administrator Neptune Flood Insurance. The partnership will expand Neptune Flood Insurance’s capacity to homeowners in the US, a release said. “Private residential flood insurance in the US has emerged as a rare growth opportunity in an otherwise crowded P&C market. We are thrilled to be working with such a capable delegated program administrator partner,” said AXA XL North America senior vice-president and head of program business Chris Bressette. Bressette noted in a statement that Neptune has strong analytic capabilities, a deep understanding of related legislative issues, and an innovative client service platform.

Spotlight

For employers, offering benefits packages which include types of insurance, such as PMI and Income Protection, can be beneficial for all parties. Insurance tends to protect us from worst-case scenarios and ensure we’re prepared for almost every eventuality. However, home, health, and life insurance are just the tip of the iceberg, and there are far more unusual types of insurance out there.

Spotlight

For employers, offering benefits packages which include types of insurance, such as PMI and Income Protection, can be beneficial for all parties. Insurance tends to protect us from worst-case scenarios and ensure we’re prepared for almost every eventuality. However, home, health, and life insurance are just the tip of the iceberg, and there are far more unusual types of insurance out there.

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Simply Business and biBERK | September 27, 2022

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The Standard Partners with Noyo to Modernize the Customer Experience

The Standard and Noyo | October 21, 2022

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PCF Insurance Enters Wisconsin Market with Acquisition of Milz Health Group

PCF Insurance Services | November 16, 2022

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