Axa CEO: We are in best place for a decade

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Mr Evans made the statement while speaking with Insurance Age after Axa had revealed an increase in post-tax profits to £134m in 2012 from £62m the year before.

Mr Evans admitted the provider had made mistakes in the past as he praised the efforts of Amanda Blanc in turning the broker-focused parts of the business around. It grew in commercial lines by 9% last year.

"We have done a lot of work to improve our service, particularly in commercial claims," he explained. "Amanda has opened branches

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