JEDDAH – Reinforcing its market leadership and consumer acceptance of its world-class products portfolio, AXA Gulf - one of the largest non-life international insurers in the region – announced Tuesday that it has won prestigious recognitions at the 4th Annual MENA Insurance Awards 2013 earlier this week. The company was conferred the “Insurer of the Year” award for the fourth consecutive year - a record achievement for AXA Gulf in the highly-competitive regional insurance sector. The company also won the “Personal Lines Insurer of the Year” award. The MENA Insurance Awards 2013 were held recently at The Address, Emaar Boulevard in Dubai. A total of 22 awards, which included 4 new categories, were given away at the ceremony. The selection of AXA Gulf as the Insurer of the Year recognized its commitment to customers, innovation and consistent delivery of high quality coverage, product diversity, technical expertise, leadership and a strong, persistent financial performance. Jérôme Droesch, CEO of AXA Gulf, said: “Winning such awards is always a great moment for AXA Gulf, and we are extremely honored to have been named the Insurer of the Year at MENA Insurance Awards for the fourth year in a row. Securing this award every year shows our consistency in delivering a high-class standard in both our product offer and service quality.” He added: “The top industry honor, as also winning the Personal Lines Insurer of the year award, reinforces our committed goal to become the preferred insurer for our customers and distributors across all our product categories.” The winning of the Personal Lines Insurer of the Year provided a further boost to its market leadership and reputation in the region, recognizing the company's knowledge, expertise, strategy and high quality product offerings in the category. Alexis de Beauregard, Chief Officer – Marketing and Retail Product Offering at AXA Gulf, said: “The awards bear testimony to not only our service standards and product offerings but also our successful business model and world-class team. These awards motivate us to strive for further excellence and continue our success story in the Region.” In another top industry honor, AXA was named as the number one insurance brand in the Top Management category in Sultanate of Oman, as per a survey conducted on top brands. AXA was also ranked 5th in the Popular Choice category in the survey conducted by leading business publication Business Today on Best Brands 2012 in the Insurance Sector. — SG
