Berkeley Alexander Launches 2 New AXA products
11 November 2016
11th November 2016: General insurance provider, Berkeley Alexander, has today announced the launch of a new range of intermediary products underwritten by AXA.
The first new product, Axa Advanced is a defaqto 5 star rated buildings and 5 star rated contents policy aimed at the Mid Net Worth (MNW) market. The new product sits alongside their existing standard and MNW products, and brings Berkeley Alexander’s online household panel to 17 products from 8 insurers.
Most standard policies will cover up to between £50k to £75k of contents, whereas the new Advanced product will cover up to £150,000. Amounts over this limit could be covered by BA’s HNW panel, including leading insurers Hiscox, Dual, Aviva and Sterling.
The second product launched today is AXA Residential Let. It offers a competitive core policy for landlords looking to insure their residential buy-to-let properties, and brings BA’s online Landlords panel to 9 products from 6 insurers.
Both new products are now live and available on BA’s online quote and buy product sourcing system.
Geoff Hall, Managing Director of Berkeley Alexander, said: “I genuinely believe that no-one else provides mortgage brokers and IFAs with access to as wide a range of insurance policies as BA, whether it be standard & non-standard home insurance, mid & high net worth, landlords products, or the full range of commercial. We now have 17 household and 9 buy to let products available online, or via our contact centre we have a total of 56 household products available. With this extensive range of products, and choice as to how brokers can choose to interact with us, we really do think that we have an irresistible proposition.”
