Firms relying on AXA Singapore for principal business hit hardest by insurer’s exit: Industry experts

Mr Dan Tay gets the bulk of his business from his contract with the insurer. ST PHOTO: ARIFFIN JAMAR
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SINGAPORE - Mr Dan Tay, whose business has barely recovered from the impact of the Covid-19 pandemic, is now facing new challenges after news broke on Monday (Feb 28) that AXA Singapore will exit the motor insurance business.

The 43-year-old owner of Glass-Fix, the exclusive windscreen repairer for AXA Singapore's motor policyholders, gets the bulk of his business from his contract with the insurer.

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