China: AXA Assistance celebrates 10 years of growth
Source: Asia Insurance Review | Jan 2016
AXA Assistance celebrated its 10-year anniversary in the Chinese market late last year. The daughter company of the AXA Group, specialising in B2B insurance services such as roadside assistance, travel assistance and health services, looked back on its successful first decade in the Middle Kingdom.
“It was a decade of foundation building. We established our Operations Center in Suzhou and two sales offices in Beijing and Shanghai,” said Mr Daniel Cheung, CEO of AXA Assistance China, adding that China is now the fastest growing of all AXA Assistance markets.
With more than 140 employees, AXA Assistance in China has strong partnerships with leading banking, insurance, travel and car companies and has established 400 medical institutions throughout the country covering areas even as remote as Tibet, Xinjiang and Ningxia.
As for future plans, it aims to triple its China turnover and is also exploring possibilities of opening further subsidiaries in other parts of China.