3. UMA Partnership

Axxis – Centriq UMA Announcement

CENTRIQ PARTNERS WITH AXXIS

Centriq Insurance is pleased to announce its underwriting management agency (UMA) partnership with AXXIS Risk Solutions, effective 1 July.

Specialising in property insurance for corporate and large commercial clients, AXXIS underwrites assets all risk insurance via the insurance and reinsurance broker market.

“This type of policies are bespoke contracts of insurance as it covers elements of property damage, business interruption and in some cases, machinery breakdown, which can have a severe impact on a client’s profit and market share if not adequately management or insured,” explains André van der Merwe, managing director of AXXIS – a solutions driven UMA that follows a holistic approach by focusing on strategic relationships with select brokers.

Commenting on their partnership with Centriq, van der Merwe says they proudly associate with the specialist insurer. “In our business, professionalism and financial stability are key. We get this and much more from Centriq.”

Peter Jennett, chief executive officer of Centriq Insurance, says they are excited about the road ahead. “We are pleased that such quality underwriters chose to partner with us and know that together we will deliver excellent insurance solutions to the market.”

Both partners share the same values as far as business integrity, ethics, transparency and client relations are concerned, “and these aspects are and will always remain fundamental to high-quality insurance products, services and success,” concludes Jennett.