Correos turns a whole insurance business to keep a single insurer, as ABC advanced. The postal company has signed a macro -agreement with Axa to be its exclusive insurance distributor. The long -term agreement, reached after a process … Competitive concurrence, he was signed by Pedro SauraPresident of Correos, and for Olga SánchezCEO of Axa.
To date, the public postal company had signed agreements to offer insurance with Mapfre, Axa and Caser. Three leading companies in the sector for their business diversification strategy, but whose alliances were not giving the expected results. Given this, Correos has chosen to reorder all this business to stay exclusively with Axa; The postal company clarifies that the other alliances were no longer active, so they will not have to face any penalty.
«By virtue of this agreement, Axa policies will be distributed to individuals and initially consist of self -, home, health, risk, accidents and pets insurance. The insurance offer can be extended, subsequently, any life and not life that Axa markets in Spain, ”the two companies have indicated in a statement.
For the president of Correos, Pedro Saura, «the agreement is part of the axis of the new strategic plan 2024-2028 destined to develop new businesses that contribute to the diversification of income and the improvement of the company’s profitability. The objective is to take advantage of the potential offered by the capillarity of the Office and Correos distribution network, and its total territorial coverage. This will allow Axa’s insurance offer to be sent to all citizens anywhere in Spain ».
From Axa, Olga Sánchez, CEO of Axa Spain, stressed that «with this agreement we have the eyes set in the long term and the protection of the citizens of all corners of Spain as a shared objective. We are very happy to have managed to overcome the process of selection of mails and be able to have a partner like this for its territorial capillarity, its history and by the professional level of its employees ».
In the agreements he had signed to date, Correos made it clear that what his employees did was the promotion of the insurance of those entities he had agreed. And the coletilla was added: “leaving the finalization and finalization of the contracts with the interested parties in charge of the insurer’s own commercial network.” That is, the company advertised policies but could not sell them.
Now everything is changed. As published in the Official Gazette of the Mercantile Registry of December 11, as published by ABC, Correos made an extension of its corporate purpose to also include “the exclusive insurance agent activity, for the distribution of private insurance.” Now with this new corporate purpose, postal agents may be those that formalize policies as they will act as exclusive Axa agents.
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