Endsleigh confirmed plans to close its entire branch network just weeks after it had entered into consultation with branch sales staff in May. It was reported that the company would shut all of its 119 retail outlets across the UK in August, after its staff representative group failed to suggest alternatives to the company's proposal. Redundancies among its 320 branch staff were said to be likely.

A Gibraltar-based insurer boasted that it had become the first company to enter a fledgling £3.75bn

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