Redundancies
L&G Kingswood staff vote for strike action over job cuts
Staff at Legal & General's Kingswood site in Surrey have voted in favour of strike action after 1700 jobs were put at risk following the company's decision to vacate the site by 2017.
Blog: GI hopes high on FCA successor as Wheatley is shredded
The soon to be deposed Financial Conduct Authority CEO Martin ‘shoot first ask questions later' Wheatley this week admitted he is "disappointed to be moving on with a sense of unfinished business".
CIS eyes 'role changes' following £55m tech deal
Co-operative Insurance Services has confirmed to Post there will be some “role changes” following the firm’s £55m deal with IBM to build an integrated insurance platform.
Poor 2014 insurance results at Eldon spark South Africa trial move
Staff at Eldon Insurance Services have been told that poor results within the insurance business last year are to blame for the decision to move all live functions to South Africa for a trial period.
Go Skippy parent mulls overseas transfer of jobs as 150 staff are put on notice
UK Independence Party backer Arron Banks’ Eldon Insurance Services has put 150 UK-based employees on notice of redundancy as part of plans to potentially move work overseas, Post can reveal.
Hill Dickinson puts 30 insurance staff on redundancy risk
Law firm Hill Dickinson has placed 30 of its insurance staff on risk of redundancy, subject to a 30 day consultation period.
Willis cuts 350 roles as part of plans to save $420m by 2017
Willis is set to shed 350 jobs across the UK as part of its restructuring programme announced last year.
Ageas warns of retail job losses
Ageas is holding talks with employees about possible redundancies at its retail business.
Demise of outbound call centres linked to customer attitudes, not cold-calling regulation
The days of insurers targeting policy sales via outbound call centres are “long gone”, according to industry insiders, who have cited evolving customer purchase methods for the demise of such call centres rather than incoming cold-calling regulation.
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.