Axa makes a third of its risk surveyors redundant

David Williams

Axa Commercial has made 30% of its risk surveyors redundant as part of Amanda Blanc’s much publicised overhaul of the business.

The 16 members of staff, who were based across the UK, are currently on gardening leave. Axa confirmed that the redundancies were included in the previously reported 114 planned cuts.

Claims and underwriting director David Williams said he was not pleased to be talking about laying people off but that Axa's staff body needed to reflect its book of business.

"The reality is that since 2007 business has decreased by 30% but we have maintained the same level of risk surveyors. We are now doing what

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ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.

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