The long-term deal sees the two companies join forces to offer specialist device insurance against both theft and accidental damage. Insurance cover is available for individuals, schools and universities and businesses, with the partnership set to benefit thousands of new and existing Compucover customers.
Compucover protects technology investments for more than 25,000 businesses, 5,000 schools and 100 universities.
David Milner, MD at Summit Insurance Services, said: “We are very pleased to be working with AXA Partners and are confident that together we can further expand its presence in the mobile and gadget insurance market.
“We truly believe that our aligned core business values of providing excellent customer service, will enable us to increase our distribution base as the technology sector grows. Together our aim is for more schools, universities, corporates and individuals to benefit from the protection of Compucover.”
Gary Vincent, sales director at AXA Partners, added: “In recent years our reliance on technology has increased, meaning it is now an important part of our everyday lives. Either as an individual user or as a business, we understand that consumers would find it difficult to be without it.”