AXA Phils expands, opens new branch in Oro

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Thursday, June 21, 2012

THE opening of the new AXA Philippines branch in Cagayan de Oro City brings the world’s number one insurance brand (Interbrand Report, 2011) to local residents and allows them to avail of the best-fit instruments that would support them to secure their financial future.

“With the opening of our Cagayan de Oro branch, AXA Philippines is continuing its expansion in Mindanao and throughout the country. Our new branch is here to give customers what they need. Now, Cagayanons will have access to customized financial solutions that AXA offers,” said Rahul Hora, AXA Philippines chief agency officer.

“In AXA, we say we redefine standards. And when we redefine standards, we do things for the better to make our services more available, our approach more attentive and the delivery more reliable,” said Rien Hermans, AXA Philippines president and chief executive officer.

When it started operations in 1999, AXA Philippines pioneered, and continues to innovate on its variable life products, making it one of the top life insurance companies in the country.

AXA Philippines ranks third in the industry based on total premiums, serving over 130,000 individual clients and over 160,000 group certificate holders. Its assets under management are currently valued at almost P40 billion.

AXA’s investments are managed by the Metrobank Trust Banking Group, the country’s most consistent and top-performing fund management group. This partnership makes AXA most effective in helping clients plant their life goals for income protection, education, retirement, critical illness protection and estate planning.

The new branch in Cagayan de Oro is located at the 3/F CKY Center on the corner of Capistrano and Chavez Streets. The Cagayan de Oro branch falls under the management of Zone Head, Xenas Kintanar. AXA also has branches based in Iligan, Davao, and General Santos.

AXA is one of the world’s leaders in financial protection and wealth management. Originating from France, it serves a global clientele of 101 million customers in 57 countries, with 3.9 billion Euros in underlying earnings as of 2011. For more information, please log on to http://www.axa.com/en/group/profile/. (PR)

Published in the Sun.Star Cagayan de Oro newspaper on June 22, 2012.

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