AXA Gulf expands insurance offerings due to Corona
Wednesday, 04 29 2020, Category: Insurance and Reinsurance, Country: Gulf Cooperation Council
AXA Gulf has announced that it has taken a number of measures to ensure the health and well-being of AXA insurance policyholders in these exceptional times towards the customers of the Gulf Cooperation Council countries.
In response to the changes that have occurred recently, in the methods of work that imposed the adoption of new mechanisms to protect employees, AXA has reviewed its product offerings in line with the current conditions, where the terms of liability insurance have been updated, for example. During the quarantine period, AXA will provide free coverage against the risks of delivery to companies, especially those that continue to operate, and provide their important services to society during the quarantine period. This is especially true for community support and vital sectors, such as grocery stores, supermarkets, pharmacies and restaurants. Workers’ compensation insurance offers have also been expanded to cover work from home for workers in non-manual occupations. In addition, AXA will extend the coverage free of charge to include work from home under workers compensation, which includes insurance of work injuries for all administrative employees who are required to work from home. This coverage will be provided to all existing and new customers, regardless of their insurance channel. All the above offers will be valid until the end of the quarantine period, due to Corona.
In addition, AXA’s exceptional offers include shipping to companies due to its vital role in delivering essential products in these difficult times. AXA has identified the main commodities in the shipping business, which are classified as very important basics, such as food and pharmaceutical products, which include all kinds of medicines, equipment, medical devices, and others.
AXA will also make an additional contribution under this initiative, represented by reductions in the insurance rates for imported shipments of selected goods (such as medicines and foodstuffs), for new and existing customers. The company also reviewed deductions and improved claim services for the goods specified above. Finally, AXA strengthened its operational services in the Gulf region, with priority given to ensuring service availability for its clients.
Ricardo Arroyo, head of business for property and casualty insurance at AXA Gulf, said: “Today we are living in exceptional situations. Indeed, AXA is the only insurance company in the region to offer these offers to help clients. I can proudly say that AXA was responsible, and was able to confirm its position as a reliable partner for its clients. Our initiatives will contribute to providing high levels of peace of mind to customers, as they will be assured of their partnership with a leading insurance company committed to taking their best interests into account.