The Anonymous Widower

AXA Takes The Moral Route

AXA has announced that it has decided not accept referral fees from personal injury lawyers.

This good stance may cost them a few millions, but how much extra business will this moral stance gain the company? After all, companies in retail like John Lewis, IKEA and Dixons in my experience lately, have used similar approaches.  So why shouldn’t an insurance company attempt to make money by doing the right thing?

Let’s hope other companies do similar things! After all people have limited amounts of disposable income these days, so are they more likely to do businss with a company with a good ethical stance.

June 29, 2011 - Posted by | Business, News |

2 Comments »

  1. We certainly choose to use companies which are ethical, and if possible, local. We try to use small family run shops if we can as well, or shops run as cooperatives, there are several in Manchester. And we shop a John Lewis who are ethical as well.

    Comment by liz | June 29, 2011 | Reply

  2. I think Axa is one of the more expensive insurers so this may well be more of a gesture.

    Comment by Marc | June 29, 2011 | Reply


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