AXA Switzerland is the leading multiline insurer in Switzerland and is a member of the AXA Group. The company offers all Life & Savings and P&C lines of business in the Swiss market including Trade Credit Insurance and Surety Bonds. In those special lines we write: Domestic and Export Commercial Trade Credit Insurance, Political Risk Insurance. Concession and license bonds, Construction bonds (bid, advanced payment, performance and maintenance bonds), Bonds concerning purchase of goods and / or services, Supply bonds, Custom bonds, Freight, Tax and Payment bonds. The Trade Credit & Surety unit is located in Zürich Oerlikon and is represented by offices and agencies of AXA Switzerland all over Switzerland.
Winterthur Insurance Company Ltd., established in Winterthur in 1875, was a multiline insurance company. In 1962 Winterthur took over the “Eidgenössische” (Federal) multiline
insurance company, the first Credit Insurer in Europe, which had been established in 1881 in Zürich and had offered Credit Insurance since 1906. “Eidgenössische” started to write Guarantee Insurance in 1921 and was a founding member of the ICIA in 1928.
After the takeover in 1962, the “Eidgenössische” became the specialized company of Winterthur for Credit Insurance and Bond business active both in its own name as well as on behalf of Winterthur. In 2003 the “Eidgenössische” was merged into its parent company. Since 2007 Winterthur belongs to the AXA Group. In March 2018, the move from AXA Winterthur to the AXA brand was made. Business is now running under the name of AXA, Credit & Surety.
Highlights in 2017 / 2018
The development of the 5-year strategy (Backlog) defined in 2015/16 with a bunch of actions is positive. Noteworthy is for example the successful portfolio transfer of the new line of business “Credit & Lifestyle Protection” in July 2018 or the growth of the Single Risk & Buyer Business.
In the field of rental guarantee AXA Switzerland became number two on the Swiss market within two years and is developing constantly well. A further innovation in this arena has been launched in 2017: the collective contract for the rental guarantees.
Board of Directors
Fabrizio Petrillo – Chief Executive Officer
Dominique Kasper – Head P&C
Andreas Schiller – Manager Credit & Surety
AXA Insurance Ltd.
Credit & Surety
P.O. Box 6938
CH – 8050 Zurich, Switzerland
Phone +41 58 215 25 25
Fax +41 44 310 28 76