
AXA snags exclusive right to sell life insurance via SingPost channels
Companies forge postassurance partnership.
AXA announced that it has entered into an exclusive postassurance partnership with Singapore Post Limited (SingPost) to sell life insurance products via its retail network in Singapore starting in January 2015.
Under the terms of this distribution agreement, AXA will have the exclusive right to market, promote, sell and distribute life insurance products through all of SingPost’s retail channels.
Chief Executive Officer of AXA Life Singapore, Mr Glenn Williams, says “We are extremely pleased with the opportunity to work with SingPost. AXA is the No. 1 Global Insurance Brand and a partnership with a trusted household brand like SingPost will allow us to reach out to more people in Singapore. Our purpose is to bring our worldwide insurance and risk expertise, and provide outstanding insurance protection solutions to more people by leveraging on SingPost’s distribution capabilities, on top of our existing distribution channels.