Unfair competition?
Have other insurance brokers experienced unfair and unprofessional competition from Axa Solutions, t...
Have other insurance brokers experienced unfair and unprofessional competition from Axa Solutions, the direct arm of Axa "underwriting" motor trade risks?
In November 2008 we lost a client to Axa Solutions in totally unacceptable circumstances. The risk was held by Allianz, which required a renewal premium of £12,503, including insurance premium tax (IPT) and VAT.
The FSA's Treating Customers Fairly paper and Fair Analysis meant that we did test the market and Axa quoted £17,064 plus IPT/VAT
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