Our Function
Trading off the back of a network of brokers, Axis Administrators
was set up to offer a commercial service, offering assistance with
predominantly monthly Multimark III based policies, but also
offering Small Craft, Engineering, Marine and Personal Lines
facilities.
We offer the smaller broker one conduit to a host of Insurers and
offer Insurers one conduit to a number of smaller brokers that they
would not economically be able to service.
Modus Operandi
We do not carry a mandate to quote and bind business on behalf of
Insurers.
Using rating guidelines given to us by Insurers, we structure
quotations, which are presented to Insurers together with all the
information that they would need to make a decision.
Once accepted and presented, we issue the Policies on behalf of the
Insurer, and present them for signature. We then run the monthly
debits and disburse net premiums to Insurers and 100% commissions to
brokers.