Axa points to referral fees to explain continued rise in costs

accident-at-work

According to the insurer, underlying earnings improved significantly to £69m compared to £13m last year but it appears that claims inflation is still hurting the insurer as Axa UK’s chief executive, Paul Evans, used the results as an opportunity to once again bang his referral fee drum.

“The rise in motor insurance premiums has continued, albeit at a slower rate, as insurers seek to restore profitability in the face of spiralling personal injury claims. Department of Transport statistics report

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: