Is Admiral’s job cull a wake-up call for the UK insurance market?
Content Director’s View: Despite recording significant profits in a difficult market, Admiral last week announced it was cutting 500 roles. Jonathan Swift looks at what the move – remarkably not linked with artificial intelligence – means for the rest of the UK insurance sector.
This year against a backdrop of a soft market, economic uncertainty, increased competition and profit margins being tested there have been a number of announcements of staff rationalisation at UK
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