Redundancies
AIG to establish post-Brexit EU hub in Luxembourg
AIG will move its Europe operations from the UK to Luxembourg ahead of Brexit.
Ageas to shed 77 roles in broker channel restructure
Ageas will make 77 redundancies across its broker channel in the wake of the discount rate cut.
Autonet hires 80 former Towergate staff for new Manchester office
Autonet Insurance Services has hired 80 former Towergate employees as it opens a new office in Manchester.
AGCS to reduce headcount by up to 10%
Allianz Global Corporate & Specialty is to reduce staff numbers by as much as 10%.
Aviva will retrain staff affected by automation roll out
Aviva has asked staff if a robot could better perform their job. If the answer is yes, the company will offer employees the chance to be retrained.
RSA says more than 900 jobs culled last year, as it looks to further efficiencies
RSA made more than 900 redundancies last year and plans to make an additional £50m in cost savings.
Quarter of insurance CEOs expect to make redundancies over the next 12 months, says PWC
A quarter of insurance CEOs expect their companies to make redundancies in the next 12 months, according to an extensive survey.
Market restructuring results in 1000 jobs lost over last three months
More than 1000 jobs have been placed at risk over the last three months owing to business restructuring across the market.
150 Allianz staff may lose their jobs under new proposals
Up to 150 Allianz staff may lose their jobs as a result of proposed changes to the company's claims and corporate partner operations.
Smart homes could pave way for Blockchain-enabled insurance
Smart homes fitted with sensors could trigger automatic claims payments, a conference heard.
Towergate to make 176 roles redundant with Manchester retail unit closure
Towergate will close its retail unit in Manchester putting 176 jobs at risk of redundancy.
Japanese mutual to cut third of department staff after implementing AI system
A Japanese life insurance mutual is preparing to cut nearly a third of its payment assessment department's workforce after introducing Artificial Intelligence System IBM Watson.
Trouble brewing: What went wrong at Kwik Fit Insurance?
At the end of November, Ageas confirmed it would be closing Kwik Fit Insurance’s Uddingston site, putting 521 jobs at risk.
Aviva has 'significant opportunity' to make cuts next year
Aviva may embark on a “significant” cost cutting programme next year, analysts claim.
Markerstudy IT upgrade sees 45 jobs impacted
Markerstudy will see 45 jobs go in its IT department following greater investment in automation.
Axa completes consultation over move of 150 jobs
A consultation between a union and Axa over the relocation of 150 jobs from Kent to Birmingham has been completed.
North Lanarkshire council calls for government task force over Kwik Fit site closure
Ageas retail CEO Ant Middle informed staff at Kwik Fit Insurance's Uddingston site yesterday that all 521 staff are at risk of losing their jobs when the site closes in March.
521 jobs at risk in Kwik-Fit Insurance office closure
Ageas is consulting with more than 500 staff over the planned closure of Kwik Fit Insurance in Uddingston, Scotland.
Towergate sees first quarter of growth following restructure
Towergate has seen its first quarter of growth since restructuring began last year, but underlying profitability for year to date is down.
Axa consults with union over 150 direct motor jobs
Axa is consulting with union bosses over its plan to move 150 jobs from Kent to Birmingham.
RSA issues ultimatum to staff over redundancy terms
Union bosses are urging action against RSA after the insurer issued an ultimatum to staff over proposed changes to redundancy terms.
Barbon insurance to cut jobs as part of business restructure
Barbon Insurance is holding a consultation over a dozen jobs in its business following its takeover by Carlyle Group.
RSA will cut costs by £250m by end of 2016
RSA will complete £250m worth of savings in the business by the end of the year, the company’s CFO said.
Swinton to close Widnes branch amid restructure
Swinton Insurance is set to close its Widnes branch as part of a wider restructure which will see its regional branches reduced from 325 to 195.