When one talks about leading insurance brands worldwide, he or she must mention Axa. For many years, the multinational insurance firm has dominated the industry. It started as a small firm. Today, it is a mega insurance company. The company’s history dates back to 1817 when Mutuelle de L’assurenace Contre L’incendie was founded. Its headquarters are based in Paris, France.
AXA started its operation in the United Started by acquiring Equitable. This move saw AXA Group invest $1 billion dollars in the company’s assets. Henry Hyde founded Equitable in 1959. Formerly, the entity was known as Equitable Life Assurance Society of America. Previously, the entrepreneur had worked with the Mutual Life Insurance Company of New York. As a leader in the insurance industry, Equitable had always been careful with its branding strategy. For instance, in 1870, the company moved its offices to the first office building, which had steam elevators. In 1789, it shifted to the world’s tallest office building.
In the United States, AXA provides its clients with various innovative services. They include financial advisory services, retirement investments, life insurance, and employee benefits. AXA is also aiming to be the ideal company that caters to family needs. The entity provides families with financial security and secured education future. It also has savings and investing services that would be essential to each family. AXA’s team of financial advisors is always ready to work with clients through every step of the way.
AXA has loads of services tailored to the needs of different businesses. These products are designed to help business owners to grow their businesses and get value from their investments. It also offers employee benefits and retirement plans to the companies’ employees.
About Vincent Parascandola
Vincent Parascandola is one of the key leaders of AXA in the United States. As the company’s senior executive vice president, Parascandola is responsible for the retention, recruiting, management development, sales, and productivity. In addition, he is responsible for over 400 financial professionals.
Before joining AXA, the executive leader worked for MONY Life Insurance Company and The Advantage Group. His transformative leadership earned him several awards, including GAMA’s Career Development and Master Agency Award. Vincent is a graduate of New York’s Pace University.