Redundancies
Swinton chooses new headquarters in Manchester city centre location
Swinton Group has moved its Manchester headquarters and customer contact centre to a new city centre location.
Slater and Gordon cuts 640 UK jobs following huge losses
Slater and Gordon has cut 640 jobs in the UK and approximately 70 roles in Australia, in the wake of losses of A$1bn (£586m) in Q1.
Aviva to cut 85 full-time roles in Leicester and London
Aviva will cut 85 full-time roles from its commercial underwriting teams as a result of a refocus on its digital and local trading solutions.
Axa Belgium to cut 650 jobs in strategic restructure
Axa Belgium has announced a strategic plan for 2020 that could lead to up to 650 redundancies.
Disappointing results for Slater and Gordon due to poor performance in its UK operations
Slater and Gordon has reported an overall loss of £778.59m, in its final results for 2015-2016 partly due to its underperformance in its UK operations.
Redundancies contribute to £4.9m savings for Towergate
Towergate has saved £4.9m partly due to redundancies following the closure of its Milton Keynes retail business.
Zurich to shed 20% of executive-level jobs
Zurich will cut 20% of 1900 executive jobs across the group as part of a wider restructure.
No further job losses planned, JLT promises staff
JLT will not be making further job cuts as a result of its restructure, deputy group CEO Mark Drummond Brady has told Post.
JLT announces 300 job cuts as part of restructuring programme
JLT today announced it has taken “decisive action” to better align costs, cutting more than 300 UK and Irish jobs within its UK Employee Benefits business as part of its restructuring programme announced in March.
Union 'strongly oppose' proposed changes to RSA redundancy pay
Union bosses have hit out against proposed changes to redundancy terms for long-term staff at RSA.
RSA looks to cut redundancy payouts amid restructuring
Long-term staff at RSA have been informed they could lose up to 50% of their redundancy pay under proposed changes to contracts.
Bristol contact centre to be hit by majority of Allianz job cuts
The majority of the 170 Allianz roles put at risk due to its proposal to exit direct home and motor insurance are Bristol contact centre jobs, Allianz UK CEO Jon Dye said, with the potential withdrawal impacting 187,000 policies.
170 roles at risk at Allianz as direct motor and home exit proposed
Allianz UK could withdraw from the direct home and motor markets and has entered union discussions due to approximately 170 roles that would be impacted by the move.
Brokers stoic as RSA shrinks regional presence vowing to work with 'new structure'
Brokers resigned to changes at insurer RSA, which last week revealed further cost-cutting plans at several regional sites, amid predictions poor 2015 general insurance results will lead to regional cuts elsewhere in the market.
Swinton to close 130 branches by mid-2017
High-street broker Swinton is to reduce its branches from 325 to 195 by mid-2017.
Four more regional sites to be ‘optimised' in RSA cost-saving drive
RSA's offices in Liverpool, Halifax, Horsham and Chelmsford will be impacted by the insurer's plans to reduce its regional footprint.
RSA’s Bristol office to close with jobs at risk
RSA will close its Bristol office, with up to 15 jobs put at risk of redundancy as the insurer moves to a commercial trading site.
Union planning to intervene in RSA's Birmingham closure
Unite Union is planning to enter into discussions with RSA over its decision to close its Birmingham office putting 190 staff at risk of redundancy.
Staff put on notice as RSA closes Birmingham site
RSA has confirmed it is closing its current Birmingham office with approximately 190 staff put at risk of redundancy.
‘High-cost' and unadaptable L&G site to close in 2018
Legal & General has announced it intends to close its Kingswood office in 2018 due to it being the least responsive site to current "changing business demands".
NIG puts 71 roles at risk in offshoring move
Commercial insurer NIG is shrinking staff numbers at its Bristol and Manchester underwriting centres as part of an offshoring move, Post can reveal.
AIG strategy failing to win support among majority of investors
Only a small minority of shareholders back AIG’s present strategy amid pressure from activists such as Carl Icahn for a change to the insurer’s approach, according to a poll by investment management firm Bernstein.
Axa moves 35 finance roles to India resulting in 33 UK redundancies
Axa has made 33 staff at its Lytham St Annes office in Lancashire redundant after a decision to move 35 credit control roles to Pune, India.
Editor's Comment: A significant loss for AIG?
The news that AIG’s UK managing director Jacqueline McNamee is among those implicated in the cost-cutting and restructuring initiative for the insurer, which is expected to cost $500m (£326.9m) but also create annualised savings of $400m to $500m, has…