Redundancies
Aviva to cut 1800 jobs as it splits general insurance and life
Aviva will split its life and general insurance business in the UK, cutting 1800 jobs over the next three years.
Interview: Paul Greensmith, Axa XL
Having been through one merger already Axa XL’s UK CEO Paul Greensmith, took the most recent change in his stride. But he explains to Jen Frost that, even though his part of the business is now part of the behemoth Axa, it will retain its agility,…
Law firms fear closures and redundancies from Civil Liability Act
More than a third of law firms have already shed staff in the run up to the implementation of the Civil Liability Act, and the majority believe the reforms could decimate the personal injury sector.
Aspen MGA in run off with 111 jobs at risk
Aspen has cut loose its UK SME managing general agent, with 111 jobs on the line as a result.
First Central will not appeal £13,000 ‘unfair dismissal’ judgment
Exclusive: First Central has been hit with a compensation order, after a former employee claimed they were dismissed unfairly.
Allianz proposes office closures that put 97 staff at risk of redundancy
Allianz has proposed shutting its Woking and Luton offices, which could lead to 97 people being made redundant.
Axa places 125 jobs at risk following claims restructure
Axa has placed 125 roles at risk of redundancy as a result of further restructuring of its claims business.
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.