Commercial Express adds AXA to property owners panel

UK-based MGA Commercial Express has added AXA UK to its property owners panel, introducing a new commercial property owners (CPO) product backed by the insurer.

The product targets standard SME property risks, offering cover for buildings, rental income, and property owners liability, with limits of up to £5 million per location and up to 10 properties per policy. Loss of rental income is automatically included at up to 20% of the building sum insured, alongside a 15% inflation uplift. Liability cover is available up to £10 million, with optional add-ons including accidental damage, landlord contents, terrorism, and legal expenses. Minimum premiums start at £125 plus IPT.

“We are delighted to be entering into a long-term partnership with Commercial Express on their Property Owners panel. At AXA, we believe in building lasting partnerships with expert scheme providers who are committed to sustainable, long-term value. By supporting Commercial Express’s strategies with AXA’s underwriting expertise and backing, we aim to help them realize their ambitions and continue delivering for their clients and brokers across the UK.” – Joel Markham, Director of Schemes and Delegated Authorities at AXA.