Leaked document reveals detail of Ageas redundancy risk

Photo of people covering their faces with cards picturing question marks

The insurer is closing offices in Port Solent and Stoke-on-Trent affecting 597 staff and is also looking to move and downsize its America Square, London operation.

Details have emerged of Ageas’ plan to close two of its branches in a move that may hit up to 597 staff.

A leaked document, sent by UK CEO Andy Watson to staff, explained the thinking behind the closure of Port Solent and Stoke-on-Trent.

It also revealed plans to downsize and move its London, America Square office and seek an alternative Manchester base.

It further detailed plans to outsource its IT function to Tata Consultancy Services with staff being placed in TUPE measures. 

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