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Friday, May 31, 2024

AXA groups up with GoGoX to launch new insurance coverage platform


AXA Hong Kong and Macau (AXA), a unit of French insurance coverage main AXA Group, has fashioned an alliance with logistics know-how platform GoGoX.

This alliance intends to co-create “a brand new kind of know-how platform collaborating with insurance coverage” that provides thorough and tailor-made insurance coverage protection to GoGoX customers, together with people, companies, and driver companions.

The logistics firm has been offering insurance coverage safety to three,000 driver companions.

With operations in Vietnam, India, Singapore, South Korea, Mainland China, and Hong Kong, GoGoX is listed on the primary board of the Hong Kong Exchanges & Clearing.

The 2 corporations may even design and develop complete safety options whereas boosting the general expertise for GoGoX’s massive person base.

AXA Hong Kong and Macau chief normal insurance coverage officer Kenneth Lai mentioned: “By our partnership with GoGoX, we hope not solely to develop our buyer base but in addition to leverage on GoGoX’s glorious digital know-how and platform scale to enhance our operational effectivity, distribution capabilities, and buyer expertise.

“Trying forward, we’ll carefully monitor market developments and must ship revolutionary and complete safety merchandise to our clients whereas creating worth for each AXA and our companions.”

GoGoX co-founder Reeve Kwan mentioned: “This collaboration will deliver extra complete safety and enhanced service expertise to our customers and driver companions.

“Sooner or later, GoGoX will proceed to leverage some great benefits of our platform information and licensed insurance coverage brokerage, making use of our technological experience in curating and choosing numerous insurance coverage merchandise out there available in the market.”

Final week, AXA Group determined to quickly cease offering insurance coverage for the upstream gasoline greenfield exploration and growth initiatives.

The corporate’s amended power coverage, which is about to enter impact on 1 September 2025, included a call to discontinue offering cowl to new gasoline fields.

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