Mr. Parascandola’s Role
Vincent Parascandola, Senior Executive Vice President of AXA in New York, knows the game of multinational insurance like no other. He has worked in this unique field for over 26 years and is considered an expert by many. He began, like any successful man of business, with early and humble roots, moving his way up the corporate ladder with time, persistence and dedication to the cause.
Mr. Parascandola served as an employee of Mony Securities Corporation for over 14 years and then began to work for AXA in 2005. He owns two registered licenses through FINRA and the US Securities and Exchange Commission. He manages nearly 10 billion USD in assets.
AXA: A History
“The company was originally founded in 1816 as Mutuelle de L’assurance contre L’incendie (the Ancienne Mutuelle). It acquired Compagnie Parisienne de Garantie in 1978 and became Mutuelles Unies. It went on to buy the Drouot Group in 1982, becoming Mutuelles Unies/Drouot. It adopted the AXA name in 1985.
AXA serves the greater regions of the UK and US, as well as Mexico, Canada, Asia Pacific, Africa and the Middle East. The Asia Pacific region hosts a number of different subsidiary names under parent company AXA. They include those of AXA Philippines in the Philippines, AXA Mandiri in Indonesia, AXA Affin General Insurance in Malaysia, ICBC-AXA Life and AXA Tian Ping in China, Bharti-AXA Life and Bharti-AXA General Insurance in India, AXA Direct Insurance in Japan and Krungthai-AXA Life Insurance in Thailand.
AXA funds 256 known research projects, and that number is only growing at a rapid pace. Next week, it may well change. These research projects have been introduced and put into effect in 22 countries already, with plans to further expand into other countries and their surrounding regions. The research staff in these countries is of 42 different races respectively. Ezra Suleiman heads the Scientific Board and allows for the research to continue in this current list of countries served. Philanthropic opportunity grows beyond AXA’s reach.