April 17, 2014 7:01 AM ET

Insurance

Company Overview of AXA UK plc

Company Overview

AXA UK plc, doing business as AXA UK, specializes in wealth management, insurance products, and healthcare plans in the United Kingdom and Ireland. It offers personal insurance products, such as car, home, pet, travel, and van insurance; and business insurance products, including employers' liability, professional indemnity, public liability, van, commercial and residential landlord insurance, commercial property, fleet and haulage, and shop insurance. The company also offers personal, business, and international health cover; and life insurance products. In addition, the company distributes a range of retirement and investment products, such as Elevate, an online investment platform that he...

5 Old Broad Street

London,  EC2N 1AD

United Kingdom

Founded in 1994

14,494 Employees

Phone:

44 20 7920 5900

Fax:

44 20 7726 4965

Key Executives for AXA UK plc

Chief Executive
Age: 48
Chief Financial Officer and Executive Director
Age: 45
Group Chief Operating Officer
Non-Executive Director
Age: 59
Chairman of AXA France and Chief Executive Officer of AXA France
Age: 66
Compensation as of Fiscal Year 2013.

AXA UK plc Key Developments

AXA UK plc Appoints Deborah Parker as Group Property Director

AXA UK plc has appointed Deborah Parker as group property director with responsibility for the group's real estate function. The role will include asset management and facilities management. Most recently, Parker was part of the real estate advisory team within the restructuring of PWC advising on, among other projects, the asset disposal strategy for Lehman RE, the restructure and subsequent disposal of Game, and the real estate disposal strategy for Jessops.

AXA UKAnnounces Management Changes

AXA UK has appointed Bertrand Poupart-Lafarge as chief financial officer, replacing Jean Drouffe who is to take up a leadership position at AXA France. Poupart-Lafarge was most recently executive vice president of AXA Equitable Life Insurance where he also served as its chief investment officer and treasurer.

AXA UK to Close Retail Banking Advice Service and Cuts 450 Jobs

AXA UK is set to wind down its retail banking advice services at UK banking partners, including the Co-operative Banking Group and Clydesdale and Yorkshire Banks. Following a strategic review of the face to face financial advice models, the company's decision to pull down the operation will lead to nearly 450 jobs cuts in the UK. AXA UK group chief executive Paul Evans said the bank took the decision after it failed to find a model which balanced the regulatory requirement that the service be profitable in its own right, whilst setting advice fees at an affordable level. The company will implement the job cut plan after taking into confidence banking partners, the union Unite, and management forum representatives.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 28, 2013
AXA UK plc, St. Elli Centre in Llanelli, Carmarthenshire and Gloucester Green in Oxford
 

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