Managing general agent Yutree, known for assisting brokers and their media and entertainment clients over the past 12 years, has partnered with AXA to help tackle the market’s underinsurance problem.
The partnership is aimed at boosting coverage for media and entertainment clients under the MGA’s BIBA-endorsed (British Insurance Brokers’ Association) scheme. With the tie-up, Yutree increased its coverage limits.
“This new partnership with AXA will enable us to continue to support brokers and their media and entertainment clients with specialist cover, competitive rating, and limits that will not restrict us in the UK market,” Yutree managing director Laura Hancock (pictured) said.
“We are very grateful to AXA and excited for the future of this collaboration, and for what it will bring to the media and entertainment sector.”
Gary Head, director of schemes and delegated authorities at AXA, commented: “We are absolutely delighted to partner with Yutree in this specialty trade segment where they have a great deal of expertise and experience.
“This adds to our stable of AXA Scheme Specialist products that will help brokers get easier access to quality capacity in specialty lines.”
BIBA chief executive Graeme Trudgill, meanwhile, recognised Yutree’s expertise in the space.
“Our members can confidently target and advise clients in this sector with Yutree providing full support and capacity alongside them,” he noted.
For Simon Miller, commercial director at Yutree, the business is “firmly on the map” when it comes to media and entertainment insurance, given its BIBA endorsement and alliances with the Professional Lighting and Sound Association and the British Interactive Media Association.
“This collaboration with AXA really cements that status for the future,” he added. “We are excited to work with more brokers to grow this specialism, backed by a strong brand such as AXA.”
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