Axa's Cork Branches Under Threat Of Closure
Axa Insurance to close 40% of its branches in the Republic of Ireland.
Axa's Mallow branch is among those facing closure and it is thought at least one other Cork branch may be affected.
The Irish Examiner reports that 54% of its customers favour phone-based purchases and 34% favour online, with just 9% keen on face-to-face interaction in their local branch and this has been blamed for the pending closure of branches.
Axa is the largest motor insurance company in the Irish Market, with in excess of 900,000 customers.
The commercial decision means at least 100 staff will lose their jobs.
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