Two insurers move in on clients, staff as AXA Singapore exits motor and general insurance

AXA Singapore will cease to offer motor and commercial lines insurance product classes by the middle of this year. PHOTO: REUTERS
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SINGAPORE - Two insurers have responded to the news that AXA Singapore will be exiting the motor and general insurance businesses.

On Tuesday (March 1), Budget Direct Singapore placed an advertisement in The Straits Times, inviting AXA Singapore's employees to apply for jobs with the firm. The ad also told existing AXA motor insurance customers to get a quote from them.

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