19/11/2015 08:34 AST

Spurred by the company's steady growth in Qatar, AXA Gulf, one of the leading international insurers in the region, unveiled their new yacht and pleasure craft offer at the Qatar International Boat Show.

Furthermore, AXA Gulf has also announced the opening of two new AXA Shops at the Pearl, and Barwa City, in Doha to meet enhanced customer demand.

The new product, AXA Sail Master Plus, has been locally developed and improved through the years to cater for boat or yacht owners' requirements. AXA Sail Master Plus will cover the vessel against accidental loss or damage, whilst also protecting the owner against any liabilities towards third parties. The product can also be customized to cover major boating activities.

"Qatar is a priority market for AXA and we are committed to introduce customised insurance solutions that address the diverse risk requirements of customers across various segments", said Salim Mansour, Country Manager, AXA Qatar. "The methodology behind our new insurance solution is tried and tested to suit the needs of boat owners and provide them with utmost service throughout the policy duration," he added.

In another indication of AXA's commitment to growth and investment in the Qatar market, AXA Gulf unveiled that before the end of the year, two new AXA Shops will open to the public. These shops are strategically situated in community settings, to ensure the growing needs of our growing customer base are met.

"At AXA, we are focused on becoming the preferred insurance company for our stakeholders in the Gulf and accelerating growth by enhancing our multi access model, including AXA Shops," added Salim.

AXA Gulf's multi-access and multi-channel distribution model will offer a host of tailored insurance solutions for individuals and businesses, as it does throughout the GCC Region, in addition to enhanced digital options, a Regional Call Centre and more.


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