Axa, a leading insurance company, will be sending out refunds to around 400 customers who were overcharged due to a systems-based error. The average refund expected is over €150.
Hundreds of motorists up and down the country are in line for a payout following an error by a leading insurance company.
It is understood that the issue is related to the recognition of no-claims bonuses for policy-holders when calculating premiums, the Irish Independent reports. The company said that it had identified what it referred to as a historical systems-based error earlier this year that impacted about 400 motor customers.
The company said: “In March 2024 we wrote to each of the impacted customers apologising for the error and confirming that a refund was being processed and would be paid in the coming days.
Axa Refunds Overcharged Motorists Insurance Company Systems-Based Error
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