Axa head outlines grand plans to regain market position
Axa's chief executive officer has admitted the insurer's motor insurance offering was not up to scra...
Axa's chief executive officer has admitted the insurer's motor insurance offering was not up to scratch, as the insurer did not have the right people in place to implement an effective strategy.
Philippe Maso, who has been in the role for seven months, said that from a structural, cost-base and organisational point of view, the insurer was slightly too expensive.
However, he said Axa would be addressing this issue: "Our partners have told us over the years that they have been unsure as to whether
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