Tradex Insurance Services
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Awful company- Stay well clear
Awful company. I took out a self drive hire policy with them for my car rental business- before i took it out i had to do a presentation on how im going to grow into a big company, how im going to survive in a competitive market, how my risk management works and essentially convince them that it will be worth insuring me because then it will be a long term arrangement and be worth it in the future when we have a big fleet of cars. They also insisted that i replaced the expensive tracking/ camera technology i already had in the cars and bought a specific technology that does the same job- costing me an extra £600 upfront and £50 per month. Just 1 month into the policy and im informed that they have completely pulled out of the market and are going into "run off". So my business is in trouble and will no longer be able to continue. The guy at the top is making loads of money whilst the companies they provide are struggling due to their bad practices. I would be ashamed to run a company like this.