AXA Cooperative opens 2 new shops in Jeddah & 1 in Khobar

DUBAI MEDIA CITY, UAE - April 14, 2013 - PRLog -- AXA Cooperative opens 2 new shops in Jeddah & 1 in Khobar; reinforcing its aggressive expansion and long term commitment in the Kingdom

The company plans to unveil 9 new AXA Shops in the Kingdom of Saudi Arabia

As part of its expansion strategy, aimed at increasing the company’s geographical footprint across the Kingdom of Saudi Arabia, AXA Cooperative – one of the largest and the leading non-life international insurers in the region – has announced it has recently opened three new shops, one in Khobar & two in Jeddah. By the end of 2013, AXA plans to open a further 9 conveniently located shops, throughout the Kingdom, bringing the total to 12.

As part of the company’s Mulit-Access strategy, the AXA Shops initiative aims to enhance the customer experience and provide convenience to AXA customers in the Kingdom. AXA Cooperative will use these new shops to bring their international expertise, quality service and unique product offerings, to their customers.

"AXA Multi-Access strategy proposition is a testimony of our ambition to become the preferred insurer to our customers in the Kingdom. Since our inception, we have always believed in innovation – to make our services more available, our approach more attentive and the delivery more reliable,” said Gary Lewin, CEO of AXA Cooperative.

The AXA Shops initiative will compliment the company’s three existing branches, in Jeddah (Madina Road, Kanoo Building); Al Khobar (King Abdul Aziz Road, Al Meflah Building), and Riyadh (King Abdul Aziz Road, Kanoo Building). To date, AXA Shops in Jeddah and Khobar have opened to the public, at Red Sea Mall, Jeddah; Auto Mall, Jeddah; and Mall of Dhahran, Khobar. Our strategy is to partner with key retail entities in the Kingdom to ensure we are able to bring insurance to our customers, whenever and wherever they need it.  

“In 2013, we see significant potential for growth across the Kingdom. Having always achieved very good results in the country, this expansion is part of our commitment to invest and grow along with the recruitment and developments of Saudi nationals within the Kingdom” added Gary.

AXA Cooperative, supported by AXA Group, the largest non life insurer in the world, also announced it plans to continue its expansion in the coming years. In doing so, AXA will further enhance its footprint and aim to increase customer service levels in Saudi Arabia. This strategy will strongly support its market leadership in the region and beyond.

Notes to the editor:

About AXA in the Gulf

With a workforce of over 800 employees, 22 branches region-wide, more than 500,000 customers and 2012 gross written premium of over US$ 625 million, AXA is the largest international non-life player in the GCC offering a wide range of insurance products and services for corporate and individual customers. AXA in the Gulf was recently awarded Insurer of the Year and Personal Lines insurer in 2012 at the MENA Insurance Awards and best SME insurance product by the Banker Middle East. For more information log on to http://www.axa-cooperative.com/ (http://www.axa-gulf.com/)

About AXA Group

The AXA Group is a worldwide leader in insurance and asset management, with more than 163,000 employees serving 102 million clients in 57 countries. In 2012, IFRS revenues amounted to Euro 90.1 billion and IFRS underlying earnings to Euro 4.3 billion. AXA had Euro 1,116 billion in assets under management as of December 31, 2012.

For additional information, please contact:

Alexis de Beauregard          

AXA Gulf Marketing,

Tel: +971 44476350          

Email: alexis.debeauregard@axa-gulf.com

www.axa-gulf.com  

http://www.axa-cooperative.com/