AXA Switzerland is the leading multiline insurer in Switzerland and is a member of the AXA Group. The company offers insurance solutions and services in the area of Life & Savings P&C and health to the Swiss market including Trade Credit Insurance and Surety Bonds. In those special lines we write: Domestic and Export Commercial Trade Credit Insurance, Political Risk Insurance. Concession and license bonds, Construction bonds (bid, advanced payment, performance and maintenance bonds), Bonds concerning purchase of goods and / or services, Supply bonds, Custom bonds, Freight, Tax and Payment bonds. The Trade Credit & Surety unit is located in Zurich Oerlikon and is represented by offices and agencies of AXA Switzerland all over Switzerland.
Winterthur Insurance Company Ltd., established in Winterthur in 1875, was a multiline insurance company. In 1962 Winterthur took over the “Eidgenössische” (Federal) multiline insurance company, the first Credit Insurer in Europe, which had been established in 1881 in Zürich and had offered Credit Insurance since 1906. “Eidgenössische” started to write Guarantee Insurance in 1921 and was a founding member of the ICIA in 1928.
After the takeover in 1962, the “Eidgenössische” became the specialized company of Winterthur for Credit Insurance and Bond business active both in its own name as well as on behalf of Winterthur. In 2003 the “Eidgenössische” was merged into its parent company. Since 2007 Winterthur belongs to the AXA Group. In March 2018, the move from AXA Winterthur to the AXA brand was made. Business is now running under the name of AXA, Credit, Surety & CLP.
The implementation of the strategy with a bunch of actions is on track and is going to be successfully and consistently implemented. Noteworthy is for example the product launch of payment protection insurance (PPI Direct) and the product overhaul of the “Whole Turnover Policy”.
Another highlight is the positive, above-plan development in the rental and construction bond business.
Fabrizio Petrillo – Chief Executive Officer
Dominique Kasper – Head P&C
Andreas Schiller – Manager Credit, Surety & CLP