Redundancies
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.
Up to 600 jobs at risk following L&G restructure
Legal and General has warned that it may cut up to 600 jobs following the merging of its savings and annuities and protection divisions.
Brand analysis: Market Forces
Despite economic constraints, regulation, boardroom reshuffles and reputational issues – the outlook for insurance brands remains positive.
Rivals set to take advantage of Swinton’s downsizing plans
Firm to close 100 of its 500 branches by end of 2014
Outsourcing: Need a hand?
While some in the insurance industry associate outsourcing with cutting jobs and costs, others are keen to extol its virtues. So when is it right to outsource, and how can it benefit the sector?
90 jobs go at Direct Line Glasgow as first part of cost-cutting exercise
Direct Line is to axe 90 roles in Glasgow as part of cost-cutting measures announced last June.
Aviva faces cost backlash over adjusting panel cuts
Redundancies feared at Crawford after lost business.
Brokers fear standards decline as Aviva closes almost half its regional offices
Market insider claims redundancies could net insurer £100 000 per employee.
Aviva to almost halve offices as underwriters move into broker sites
Aviva is to shrink its office locations from 30 to 17 and cut staff following a decision to put more underwriting decision-makers in brokers’ offices.
Analysts warn Direct Line is playing "catch up" on costs base despite 2000 job cuts
Liverpool, London and Croydon offices due to close in expanded cuts programme.
Direct Line confirms office closures in Croydon, Liverpool and London
Direct Line Group has confirmed that almost 500 jobs are to go in Liverpool where the firm is closing its office as part of a wider redundancy programme announced today
Direct Line Group reveals 2000 jobs at risk as it steps up cost saving plan
Direct Line Group has announced a major redundancy programme as it attempts to improve its operational efficiency as part of the implementation of its business transformation plan.
Aviva moves more UK roles to India after cutting 200 jobs in Manchester
Firm considering adding 100 offshore general insurance roles by end of next year.