In Spain, AXA and the Confederación Española de Asociaciones de Jóvenes (CEAJE), a confederation of associations helping young entrepreneurs, have entered into an agreement to collaborate for an initial period of one year. The deal entails a number of actions including the launch of ‘Start up’ as a new insurance product aimed at start-up businesses in technology-related areas and other innovative sectors. This covers risks relevant to these companies such as liability for data protection and virus attacks, plus professional indemnity. CEAJE represents more than 21,000 enterprises run by entrepreneurs aged under 40 and is itself composed of both provincial associations and regional federations.
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