Skip to main content

Zego withdraws job offers and makes 17% of staff redundant due to increased costs

Sten Saar

Motor insurance provider Zego has withdrawn job offers it had extended and will make 17% of its staff redundant after facing increased costs.

The redundancies, which were announced to staff by Zego CEO Sten Saar on Monday, will be concentrated in the B2C part of the business with engineers, product, and research staff among those who are

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Has broker Bennetts set a record with seven owners since 2000?

Content Director’s View: Private equity, consolidators, insurers seeking diversification ... these have all contributed to a boom in M&A and investment in the UK insurance sector since 2000. Jonathan Swift looks at which businesses have – as a result – changed hands the most since the turn of the century.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here