Redundancies
Ageas office closures result in 430 redundancies
Ageas UK will close its Stoke-on-Trent and Portsmouth offices resulting in around 430 redundancies, following a 45-day consultation.
Axa’s SME trading centres put 106 jobs at risk
Axa is putting 106 jobs at risk with the creation of two small and medium enterprise trading centres in Bolton and Ipswich.
Swinton closes Lowestoft branch
Broker Swinton has closed its Lowestoft branch, leading to six redundancies.
Ageas UK closes in on chief risk officer
Ageas UK CEO, Andy Watson revealed that “pen has been put to paper” in the insurer’s recruitment drive for a chief risk officer.
Ageas management shakeup continues as Jonathan Price joins as CFO from Aspen
Former Aspen UK chief financial officer, Jonathan Price has been appointed CFO of Ageas UK.
This week in Post: Couples and coupes
With Valentine’s Day yesterday, the Post team started the week by bracing ourselves for an inevitable slew of romance-related press releases. We weren’t disappointed.
LV puts 140 jobs at risk across its claims teams
LV has confirmed that around 140 employees in its claims teams across its Bournemouth, Leeds and Ipswich offices have been put at risk of redundancy.
Allianz UK sheds CIO in restructure
Exclusive: Jacob Abboud, Allianz UK’s chief information officer, has left his role following the merger of the company's IT and operations teams.
Ageas to outsource IT operations amid wider restructure
Ageas UK intends to outsource the majority of its IT infrastructure and operations to a third party supplier.
Ageas to close Port Solent and Stoke operations
Ageas intends to close its Port Solent office by June 2019 and its Stoke office by June 2020, and expects to close its sales and service operations in Eastleigh.
MIB places jobs under review amid wider restructure
Exclusive: The Motor Insurers' Bureau has placed a number of jobs under review amid a wide-ranging restructure of the organisation.
SSP redundancies to be finalised ‘before Christmas’
Software house SSP expects to have finalised its restructuring consultation before Christmas.
Staff at collapsed RIIG owed thousands in unpaid wages
Exclusive: Failed loss adjuster RIIG did not pay staff their full salaries for the 10 months prior to the company’s collapse.
Axa places 59 jobs at risk in claims restructure
Axa is consulting over 59 redundancies across three of its regional offices, as it looks to modernise its claims function.
Ageas insurance CEO departs in management shakeup
Ageas has restructured its senior management, resulting in the departure of insurance CEO François-Xavier Boisseau as well as other senior figures.
Blog: How will Paul Geddes' decade at Direct Line Group be remembered?
When Paul Geddes took over the role of CEO of Royal Bank of Scotland’s insurance business in July 2009, moving from the retail arm of the bank, and replacing Chris Sullivan, I cannot remember many getting too excited.
Covéa regional restructure leads to redundancies
Covéa is changing its regional structure, leading to 11 redundancies.
Robots will control claims future: PWC
Future insurance claims will be settled with little to no human involvement and insurers will have to adapt to the impact of technology if they are to survive, a report from PWC has found.
Zurich to move claims roles following Leeds office consolidation
Exclusive: Zurich is consulting over a number of claims handler roles as part of an office closure in Leeds.
Avantia places up to 30 roles at risk in outsourcing move
Exclusive: Avantia Insurance is in the process of relocating frontline roles to Sheffield, placing between 20 to 30 jobs at risk.
Aon wants to cut 38 jobs in France
Aon is going to offer voluntary redundancy to 38 of its 180 staff in Angouleme, in southwestern France, our sister publication reports.
Munich Re to cut 900 jobs as reinsurer targets profits surge in 2018
Munich Re is to axe 900 jobs as part of cost saving efforts in its reinsurance business.
Senior director leaves in UK General restructure
Exclusive: A senior director has left UK General and further roles are at risk as the group moves to restructure its sales team.
Week in Post: Are further Swinton branch closures a sign of the times?
I have never bought insurance from a high-street broker. In fact, I know very few people my age who have.