HomeServe axes 200 jobs

Homeserve van at night

HomeServe has announced it is to cut 200 jobs in the UK.

The home repair and insurance firm also said total customer numbers were likely to fall by 8% in 2012 and in turn that renewal revenues for 2013 could fall by £10m.

The firm added that its customer retention rate for 2012 was set to be 80%, down from 82.7% last year.

Last year Homeserve had to retrain its UK call-centre staff following revelations about mis-selling practices.

While mail marketing has resumed along with most inbound sales calls, outbound calls staff are yet to be retrained.

Homes

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Meet the MGA feature: Arc Legal 

Arc Legal CEO Lee Taylor outlines the value in having a supportive parent of the scale of AmTrust; and why it makes sense to keep an eye on legislation and social changes in order to innovate and develop new products.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: