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Insurer AXA to distribute products through Alibaba

Partnership will accelerate its development in China

Published Fri, Jul 29, 2016 · 09:50 PM

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    Singapore

    FRENCH insurer AXA has partnered Chinese e-commerce giant Alibaba and its affiliate, Ant Financial Services Group, to distribute insurance products and services to consumers around the world as it tries to find ways to grow its business.

    On Friday, the three parties announced in Paris a global partnership that will have them work together to co-innovate and develop value-added products and services to customers, as well as develop and explore new markets and segments.

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