Redundancies
200 jobs at risk as Ageas Retail plots closure of Belfast site
Ageas Retail is planning to close its outbound call centre in Belfast and has entered a 90 day consultation period with the office’s 200 staff.
Towergate tight-lipped on potential job losses after Berwick office closure
Towergate staff based in Berwick have been informed they will need to consider roles elsewhere after the firm made the decision to close its borders-based office.
Axa claims merger results in middle management job cuts
The merger of Axa’s UK claims division into a single operation has been completed at the expense of up to 13 middle management redundancies.
1500 jobs at risk if Aviva's Friends Life acquisition is finalised
If shareholders agree to Aviva's acquisition of UK life insurer Friends Life then 1500 jobs are likely to be made redundant.
Lloyds cuts 1250 jobs as it changes insurance sales strategy
Lloyds Banking Group has announced 1250 job losses alongside a change in the way it sells insurance products in its branches.
Job cuts expected as Aviva prepares to close Belfast claims function
Aviva has confirmed it will close its Belfast claims function by the end of April next year in a move that is expected to result in around 30 redundancies.
Axa puts 31 jobs at risk with commercial direct restructure
Axa Commercial Lines and Personal Intermediary has restructured its commercial direct business resulting in 31 roles being placed on notice of redundancy.
L&G engaging with Unite amid threat of industrial action over job cuts
Legal & General has vowed to work closely with Unite following suggestions by union chiefs that they may pursue industrial action following the insurance company’s decision to close its Ipswich office.
L&G relocating to Birmingham and Hove after Ipswich closure
Legal & General has confirmed it will close its Ipswich office following the decision to create a single claims operation based in Birmingham and move all Ipswich customer service operations to Hove.
Job cuts highlighted as potential answer to digital disruption
Insurance executives are more concerned than bosses from any other industry about the disruptive impact digital technologies will have on their business over the next 12 months, according to research by consultancy Forrester.
Hodges backs Fusion staff after management exits
Towergate group chief executive Mark Hodges has delivered a vote of confidence in the staff of Fusion, following the departure of several of the senior management team.
Fusion expansion leaves 50 roles at risk
Towergate’s decision to expand its Fusion brand across its bespoke underwriting portfolio has left approximately 50 roles at risk of redundancy.
65 roles at risk as DAC Beachcroft shuts Manchester office
DAC Beachcroft’s claims validation team is to vacate its Manchester-based office in a move that will put around 65 jobs at risk.
Allianz prepares to close operations in Milton Keynes and Bristol
A total of 98 roles will be impacted following Allianz’s decision to close its commercial operation in Milton Keynes and its business insurance centre in Bristol.
Willis weighing 200 UK jobs for relocation or redundancy
Broking giant Willis is planning to either axe or relocate as many as 200 UK roles, with potential destinations including a lower cost location in Ipswich.
Tulloch rules out ‘major’ UK cost reductions as Aviva GI book shrinks
Aviva UK general insurance chief executive Maurice Tulloch has said the firm has no plans for ‘major’ reductions in cost to counteract an 8% fall in net written premium recorded for Q1.
Hodges to build on 'fantastic track record' with future acquisitions
Towergate group chief executive Mark Hodges remains confident in his firm’s ability to acquire businesses in the wake of Arthur J Gallagher snapping up brokers Oval and Giles.
UK roles at risk as NIG launches offshoring consultation
NIG has entered into consultation with staff over proposals to offshore non-broker facing processes to India, Post can reveal.
XCS boss talks up Lloyd's future as rivals eye volume claims share
Xchanging Claims Services boss Paul Bermingham has moved to underline his firm’s continued prominence in the Lloyd’s market and accused rival claims operations of attempting to undermine XCS’s position.
60 Xchanging claims roles in redundancy consultation
60 claims staff on Xchanging’s property, binding and reinsurance teams have been put at risk of redundancy in a consultation process due to run to the end of June.
Watson cautious on potential rate rise as Ageas suffers £20m flood loss
Ageas UK chief executive Andy Watson has poured cold water on expectations household rates will undergo an imminent rise in light of ongoing flooding, which has so far cost Ageas £20m.
Markerstudy puts 120 ex-Capita staff at risk of redundancy
Markerstudy has placed 120 staff it inherited following its takeover of five Capita businesses last month at risk of redundancy.
AmTrust Europe Legal planning job cuts amid restructure
AmTrust Europe Legal has launched a restructuring process ahead of making a range of redundancies within its Manchester headquarters.
Zurich's Cawley set to depart as insurer unveils 121 job losses
Zurich’s UK personal lines claims director Jon Cawley will leave the company at the end of this year, as part of a restructure of the firm’s UK personal lines and property claims teams.