AXA is one of the largest and most successful global insurance firms in the word. In 2016 AXA was listed among the top three financial services in the world, making them the number one insurance brand for the eighth year in a row. Being a conglomerate of independently managed businesses who operate throughout the world operating under the laws and regulations of several different countries. While global insurance is the primary focus of AXA, they also offer other financial services, including investment management. Headquartered in Paris, France AXA has offices located around the globe. AXA is currently operating in Western Europe, North America, the Asia-Pacific, the Middle East, and Africa.
Originally founded in 1816 as the Ancienne Mutuelle the company has grown dramatically since 1978 with the acquisition of Compagnie Parisienne de Garantie becoming Mutuelles Unies and in 1982, after purchasing the Drouot Group, they became known as Mutuelles Unies/Drouot. In 1985 the company changed its name to AXA. Between 1991 and 2006 AXA acquired industry giants; The Equitable, Union des Assurances De Paris, Frances largest insurance company, Guardian Royal Exchange, Sun Life & Provincial Holdings, and Winterthur Group, the leading Swiss insurance company.
The AXA Research Fund, created in 2008, with a €100 million endowment funded 256 research projects in the first three years of operation. These research projects focused on the environment and human life and society. Today AXA funded research projects are ongoing in 22 different countries.
Vinny Parascandola is the Senior Executive Vice President of AXA for the greater New York area. Starting his 25-year career with Prudential in 1987, as an agent, he was soon the National Rookie of the Year. Moving to MONY Life Insurance Company in 1990 he held various managerial positions before joining AXA in 2004. Vinny Parascandola is responsible for several different operations at AXA including sales, recruiting, management development, and the development of new financial professionals. During his career, he has earned numerous awards including GAMA’s Career Development and Master Agency Award.
Vinny Parascandola holds a BS degree in computer science from Pace University, New York and in 2014 he was the Key Note Speaker to the graduating class of 2014. He is a sought-after speaker and has spoken at numerous industry conferences.