Redundancies
Swinton to close 40 branches, over 260 jobs at risk
Swinton Insurance is to close up to 40 branches across the UK, putting 268 jobs at risk.
Ageas UK eyes further restructuring to drive profit growth
Ageas will continue to restructure its business even as the company is set to return to an underwriting profit for the remainder of the year.
Allianz UK CEO Dye declines to comment on XL acquisition rumours
Allianz UK CEO Jon Dye has declined to comment on recent speculation that the group is looking to acquire XL.
Allianz UK operating profit climbs by 26% in 2017
Allianz UK saw operating profit rise 26% to £121.3m in 2017, up from £96.2m in the previous year.
No immediate threat to Allianz Bristol claims team
Personal injury claims handlers in Allianz’s Bristol office will not be placed under employment consultation as part of the Allianz-LV merger.
Allianz to make up to 80 further redundancies in claims restructure
Allianz is placing a further 80 jobs at risk of redundancy amid a restructure of its claims operation.
LV prepares to overcome ‘challenges’ with re-entry to home market
LV has acknowledged it faces “challenges” in making profitable the home portfolio it acquired as a result of the Allianz personal lines merger.
400 jobs at risk following LV and Allianz merger
Up to 400 LV and Allianz employees are at risk of losing their jobs as a result of the companies’ strategic partnership.
Week in Post: Carillion collapse and the executive merry-go-round
It was oddly coincidental that it was Blue Monday, the most depressing day of the year, when Carillion collapsed – placing 20,000 jobs at risk.
Integra Insurance Solutions to consult over 17 redundancies
Exclusive: Integra Insurance Solutions is consulting over making 17 staff redundant as it looks to streamline its operations.
Brendan McCafferty to leave Axa as part of restructure
Brendan McCafferty has left Axa with immediate effect, 11 months into his tenure as CEO for intermediated and direct.
AA vows robust defence to Bob MacKenzie employment tribunal
The AA will “robustly defend” itself in an employment tribunal against its former chairman Bob MacKenzie
Senior redundancy at R&Q as group moves to simplify structure
Randall & Quilter has made a string of senior management changes as it looks to simplify its group structure.
Saga makes 90 redundancies across business
Saga has made 90 employees redundant across the business.
Markerstudy makes 27 redundancies at Chesterfield office
Markerstudy has made 27 employees redundant at its Chesterfield site.
150 jobs at risk in L&G's Hove office
As many as 150 jobs are reportedly at risk as Legal & General plans to move its GI unit from Hove to Birmingham.
Brightside office relocation puts 90 jobs at risk
Brightside has revealed proposals to relocate its medical reporting business IQED from its present site in Cardiff to the group’s headquarters in Aust.
Updated: Zurich looks to cut headcount in HQ reshuffle
Zurich Insurance could cut the headcount in its Swiss corporate centre as part of a process to streamline the finance department.
134 staff cut as Call Connection goes into administration
Insurance lead generator Call Connection has gone into administration, cutting 134 staff.
Week in Post: Brexit, redundancies and consolidation
This week we saw the ‘Great Repeal Bill’ being introduced to Parliament, a key waystone on the long and arduous journey to leaving the European Union.
Unite slams Aviva over potential plans to cut 120 jobs
A union has hit out at “simply unacceptable” plans by Aviva to close its Southend office, putting 120 jobs at risk.
120 jobs at risk as Aviva plans to close Southend office
Aviva has placed 120 jobs up for review as it prepares to close its Southend office.
Axa to cut 18 branches as Irish operation is scaled back
Axa will close 18 branches across Ireland and Northern Ireland, reportedly affecting more than 100 jobs.
Lloyd’s to shed one in 10 jobs in cost-cutting drive
Lloyd’s of London is to strip headcount by 10%, roughly equivalent to 70 staff, as the corporation continues to tackle costs.