PRLog - May 18, 2014 - DUBAI, UAE -- As part of its ongoing strategy and vision to increase its footprint within the Kingdom of Saudi Arabia, AXA Cooperative today announced the grand opening of its new shop at the Granada Mall in the centre of Riyadh.
As one of the most prominent landmarks in the Kingdom, opening a shop in Granada Mall clearly signifies AXA’s intent to position their brand closer to their customers. The new shop is conveniently located next to Carrefour, and will cater to retail insurance needs. Open seven days a week, AXA’s new shop will welcome customers from 9.30am to 10pm, Saturday to Thursday and from 4pm to 10pm on Fridays.
Paul Adamson, Managing Director of AXA Cooperative Insurance said: “As part of our commitment to the Kingdom, AXA Cooperative continues to invest in various communities around the country for our customers. The opening of this new shop in Granada Mall beside the prestigious Carrefour brand is a testimony of that. As we continue to grow, we look towards leveraging the expertise of Saudi nationals in our recruitment strategy. As risk awareness increases, so too will insurance penetration levels. Our shops will bring to the forefront AXA’s retail offerings of motor, home and travel insurance at places most convenient to our customers.”
Gary Lewin, CEO of AXA Cooperative Insurance, added: “In line with AXA’s values, the opening of our new shop in Granada Mall will make us more attentive, available and reliable. By implementing this multi-access strategy, we ensure our values are met and a seamless customer experience is achieved throughout the Kingdom.”
AXA Cooperatives new shop at Granada Mall is the third in Riyadh. In late 2013 AXA opened two shops in Riyadh, the first at Al Thalia Street and the second at Panda Mall. The Kingdom now has a total of seven shops, in addition to the three in Riyadh; there are two in Jeddah, located in Auto Mall and Red Sea Mall and two in the Khobar/Dammam area in Shatea Mall and Mall of Dhahran.
As a leading global insurer, AXA Cooperative, supported by AXA Group, will continue to invest in the Kingdom of Saudi Arabia, increasing not only it’s footprint, but also enhancing customer service levels across the GCC region.
Notes to the editor:
About AXA in the Gulf
With a workforce of over 850 employees, 31 branches region-wide, more than 1 million customers and 2013 gross written premium of over US$ 771 million, AXA is one of the largest international non-life player in the GCC offering a wide range of insurance products and services for corporate and individual customers. AXA Gulf operates in KSA as AXA Cooperative Insurance Company. AXA in the Gulf was recently awarded Insurer of the Year for the 5th consecutive year and Personal Lines insurer in 2014 at the MENA Insurance Awards and best Motor insurance product by the Banker Middle East in UAE and KSA. For more information log on to http://www.axa-
About AXA Group
AXA Group is a worldwide leader in insurance and asset management, with more than 160,000 employees serving 102 million clients in 57 countries. In 2013, IFRS revenues amounted to Euro 91.3 billion and IFRS underlying earnings to Euro 4.7 billion. AXA had Euro 1,113 billion in assets under management as of December 31, 2013.
For additional information, please contact:
Alexis de Beauregard
AXA Gulf Marketing,
Tel: +971 44476350
Menna Talla MOHY EL DIN
Regional Communication Manager, AXA Insurance (Gulf) B.S.C. (c)
Tel. : +971 (0) 4 447 6349 - Mob. : +971 (0) 56 682 7104
Khalid A. Al Shuwaier
Company Secretary and Corporate Affairs Manager, AXA Cooperative Insurance
Tel. : +966 11 477 6706 Ext: 114
Chief Executive Officer – AXA Cooperative Insurance
Tel : +966 1 477 6706 Ext.112