Redundancies
Equity expansion still on track despite 185 jobs under threat
Equity Insurance Group has insisted its branch network and plans for regional expansion are safe, despite putting 185 jobs within its underwriting and distribution operations at risk.
Two senior roles axed as Axa continues shake-up
The roles of head of specialist markets and distribution director will cease to exist under Axa Commercial's new management structure, as the firm confirmed two senior redundancies.
Equity expansion still on track despite 185 jobs under threat - Insurance News Now – 28 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including Equity Insurance Group’s insistence that its branch network and plans for regional expansion are safe, despite putting 185 jobs within it’s underwriting and…
30 staff to be cut as part of Quinn buyout
Thirty additional staff are set to lose their jobs at Quinn Insurance after a joint venture between Liberty Mutual and Anglo Irish Bank was confirmed as the preferred buyer for the business.
Axa confirms senior commercial departure
As a result of the senior management restructure at Axa commercial, distribution director Keith Hector has left the business.
Editor's comment: The only way is up
Amanda Blanc's radical restructure of Axa's commercial lines business is undoubtedly a bold one. Not only does it leave more than 100 head office staff staring down the barrel of redundancy but her self-imposed deadline to devolve power to regional pens…
Penny Black's insurance week
Penny understands the launch of widely anticipated new insurance trade body the Managing General Agents' Association has been held up by a lack of technological foresight.
Ex-Rok CEO resurfaces at repair firm
Former Rok chief executive Garvis Snook has been named as a director of newly launched property repair firm Repair Rite.
Post Blog: Brighton, Blanc, Transformers and Marty McFly
Sitting down on the couch after a hard day's baby sitting in Brighton on Saturday I flicked on the TV and Back to the Future was on.
Blanc: Axa will open new branches if brokers want them
Axa Commercial Lines CEO Amanda Blanc has exclusively revealed the firm may open new branches as it seeks to “fill in gaps” in its UK regional network.
Ex-Power Place boss joins Axa as 114 made redundant
The former Power Place chief executive Matthew Reed has been reunited with his former boss, Amanda Blanc, after being appointed managing director of intermediary and direct at Axa Commercial, at the same time as 114 staff members are made redundant.
Markerstudy buy boosts bold ambition in mobile repair
Markerstudy Group has set its sights on becoming a "major player" in the windscreen repair market following its acquisition of Auto Windscreens.
Helphire sees profits fall despite cutting half of staff
Accident management firm Helphire has cut more than half its workforce since launching a business restructure in 2008.
Combined Insurance staff in redundancy talks
The UK staff of Ace-owned Combined Insurance will undergo redundancy talks after the firm stopped accepting new business.
Axa managers face redundancy claims report
More than 50 people face redundancy at Axa's Ipswich office, according to reports.
Public sector cuts: Risk management savings - a false economy?
The squeeze on public sector spending is about to get tighter. Jakki May examines the ways in which its employees, brokers and underwriters need to get the best out of insurance, without compromising quality.
Motor claims: Can insurers stem the rising cost of whiplash claims?
With 93% of GPs seeing patients they believe to have exaggerated injuries in order to make a claim, Leigh Jackson asks how insurers can stem the rising cost of whiplash cases.
Devitt eyes renewed affinity push after MBO from RBSI
Motorcycle broking specialist Devitt has targeted a return to the broader affinity market following its management buyout from Royal Bank of Scotland Insurance.
Career development: Worry ahead for uk managers
The new year is traditionally a time for reflection on what has passed, and optimism about what lies ahead. No matter how tough the past 12 months, it is usually possible to muster some enthusiasm for the fresh start that January heralds.
Postscript - 10 years ago: Aon to cut one tenth of UK staff
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Postscript - 10 years ago: ABI plans wholesale shake-up
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10-years ago reveals.
Rok closure could boost small contractors
The fall-out from the closure of Rok's maintenance business could lead insurers to turn to smaller building repairers in the future, according to one such firm.
Frost vows to stabilise prices following DAS losses
Recently appointed DAS head of underwriting Matt Frost has vowed to stabilise prices in a bid to revive the fortunes of the legal expenses insurer.
Zurich comes under fire for 'bungled' staff consultation
Zurich has been accused of bungling the handling of its staff consultation over potential redundancies among senior and middle managers.