Firm will take its own approach to fees and terms

AXA has withdrawn from the industry-wide agreement covering the use of credit hire vehicles.

The insurer has notified the ABI, which administers the agreement, that from 7 September, it will look individually at fees and terms.

Currently, fees are set by the General Terms of Agreement, although disputes between insurers and credit hire operators are frequent and often bitter.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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