Underwriter 360 Aviation has entered into a coverholder binding authority agreement with Axa XL, expanding the firm’s ability to write general aviation and hangarkeepers business.

The agreement became effective from the start of this month.

“As a team, 360 have been working closely with Axa XL, both in Australia and worldwide, to ensure we have a clear and sustainable approach to writing aviation business in Australia,” 360 says in a statement.

“Our experienced 360 Aviation team will be able to benefit and call upon the great depth of knowledge and ability that Axa XL can provide.”

The 360 Aviation business was launched as part of 360 Underwriting Solutions in 2018.