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Birmingham office closure compounds brokers “losing faith” in RSA

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West Midland brokers react with disappointment to news of insurer placing 190 roles “at risk”

Brokers are “disappointed” in RSA following the Insurance Age revelation that the insurer is to close its Birmingham office with 190 jobs at risk.

James Sellers, branch director at Lorica’s local office, said it was “disappointing RSA is reducing its Birmingham operations.” But he revealed: “We have been saying for the last couple of years that it is hard to trade with RSA, particularly on the commercial side. They do not seem to know where they are going.

“We do not do a lot with them and we

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Aviva responds to Direct Line’s £10.6m fine

Aviva has confirmed it was fully aware of the ‘historical’ accounting errors that have led to the Prudent Regulation Authority hitting Direct Line Group with a £10.6m fine and stated there will be no impact on the integration or the financial benefits it expects from the takeover.

PRA fines Direct Line underwriter £10.6m

The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.

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