Allianz business transfers resulted in 180 LV redundancies

Redundancy

180 LV staff faced redundancy as a result of the Allianz commercial business transfers, with around nine in ten (90%) having found roles elsewhere.

The purchases of LV’s general insurance business and Legal & General by Allianz completed at the end of 2019, while a vast majority of commercial business transfers from LV to Allianz were finished by

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