Treemetrics and AXA Climate Announce Global Partnership to Launch Innovative Forestry Insurance Product

AXA Climate, a leader in climate risk management, and Treemetrics, a pioneering forest management company, have announced a strategic global partnership aimed at delivering an innovative forestry insurance product.

This new insurance solution is designed to provide comprehensive cover for forestry fires and storms, addressing the escalating concerns of forestry owners and investors about the impacts of climate change.

As the frequency and severity of natural disasters continue to rise, driven by climate change, the need for robust and reliable insurance products has never been greater.

This partnership leverages the expertise of both companies to offer a product that not only provides financial protection but also employs cutting-edge technology and scientific insights to better understand and mitigate these risks.

Enda Keane, CEO of Treemetrics, highlighted the critical timing of this product launch, stating, “Over our past 19 years in business across the globe, we have observed firsthand the ever-increasing rise in catastrophic storms and fires. Our collaboration with AXA Climate aims to address these challenges head-on, providing forest owners with the security and peace of mind they need to manage their investments effectively.”

Quentin Voituron, speaking on behalf of AXA Climate, emphasized the innovative approach of the partnership, saying, “We look forward to partnering with Treemetrics to come up with a  fine-grained product that makes sense to forest owners and forest managers, at the right price!”

This partnership marks a significant step forward in providing comprehensive and technologically advanced solutions to the forestry sector, ensuring that forest owners can protect their assets and invest with confidence in a changing climate.

AXA Ireland joins forces with Nevo as demand for EVs continues to rise

Live since Summer 2022, Nevo is a one-stop destination for all things to do with electric mobility. Their ambition is to educate, advise and connect consumers and businesses with the leading suppliers and industry experts – making the transition to electric simple and painless.
Since its launch Nevo has become increasingly popular, in a rapidly growing market where (year to date to end July 2023) c.26% of all new cars registered are a plug in of some variety (full electric or plug-in). All expectations are that as more new electric models come to the market this upward trend in sales will only go one way.
Derek Reilly of Nevo states that electric vehicles have definitely gone mainstream and as with most new products, the need to have a platform where consumers can get objective advice and learn about electric motors is vital. “We are delighted to say Nevo is filling that knowledge gap. We are finding that the consumers that are coming to Nevo are at different stages of their purchasing journey. Our dedicated help and advice section on the website empowers customers to learn all about electric vehicles before they make the switch, with relevant video reviews and articles. With a customer focus at our core the aim of Nevo is to make the transition to electric as seamless as possible for everyone.
AXA/ Nevo Partnership
Mick Comerford Director of Direct Retail at AXA  commented “As the leading motor vehicle insurer in the market it is great to see a site like Nevo offer consumers invaluable advice in such a seamless manner.  The reception to the site has been incredibly positive and we at AXA are delighted to be part of Irish consumers journey to all things electric.”
AXA sees Nevo helping it on two fronts – providing access to a growing market of electric vehicle drivers as well as helping it progress its own sustainability agenda. Via the Nevo platform, motorists can seamlessly purchase insurance for their electric vehicle, availing of fire and theft cover for their battery and cable, accidental damage cover for their battery, and up to €650 for accidental damage to their wall charger.

Gamma and AXA enabling homeowners to go green with new sustainability offering

Gamma, the Irish technology company, has recently announced that it has signed a contract with AXA, one of Ireland’s leading insurance companies, to support AXA’s new Go Green web platform.

The platform is designed to help homeowners in the Republic of Ireland to create a more sustainable and comfortable home, reduce their carbon footprint and save on energy bills. It offers a wealth of information for home improvements and helps streamline the research process for homeowners, saving them time and hassle.

Together, AXA and Gamma have enhanced Gamma’s existing BERWOW platform to provide a seamless and visually consistent user experience. The platform generates tailored retrofit suggestions based on an individual property’s energy rating and physical characteristics.

Homeowners can effortlessly access energy retrofit recommendations using their own BER information by entering their Meter Point Reference Number (MPRN), or by selecting their house type from over 50 classifications. The web-based tool aims to educate homeowners about the financial and comfort benefits associated with retrofit investment.

In addition to the collaboration with AXA, Gamma also has successful partnerships with SSE Airtricity and An Post in place. Over the coming years, the company aims to further grow its customer base and expand into international markets.

Feargal O’Neill, CEO, Gamma, said: “We are thrilled to join forces with AXA and bring our BERWOW technology to their customers. This collaboration is a testament to the hard work and dedication of our team in developing an innovative solution that is already enabling homeowners across Ireland to identify, plan and carry out retrofit projects.”

“As we continue to expand our reach, we remain committed to helping homeowners make informed decisions on energy efficiency upgrades, ultimately contributing to a greener, more sustainable future.”

Michael Hanratty, BERWOW CEO, said: “Our goal is to create a one-stop retrofitting shop for the Irish homeowner and transform the industry. In order to do this, we have to work with leaders and the fact that companies of AXA’s calibre are associated with our technology is a great endorsement.”

Ben Deans, Chief Innovation and Strategy Officer at AXA in Ireland, added, “Our aim is to provide our customers with protection and peace of mind. That’s where Go Green comes in – it will help future proof customer homes, reduce reliance on electricity and gas and save on energy bills. This new offering supported by Gamma aligns with our strategic focus to ‘protect more of what matters’ and adds to a host of existing initiatives focused on sustainability and climate action.”