The Paris headquartered company said it has entered into an “exclusive” postassurance partnership with Singapore Post (SingPost) to sell life insurance products via its retail network in Singapore starting in January 2015.
Under the terms of this distribution agreement, Axa will have the exclusive right to market, promote, sell and distribute life insurance products through all of SingPost’s retail channels.
Axa Life Singapore chief executive, Glenn Williams, said: “We are extremely pleased with the opportunity to work with SingPost.
“Our purpose is to bring our worldwide insurance and risk expertise, and provide outstanding insurance protection solutions to more people by leveraging on SingPost’s distribution capabilities, on top of our existing distribution channels.”