Brokers warn redundancies at MS Amlin are “inevitable”
Experts say the restructure is understandable but could lead to office closures as Amlin pulls out of nine business lines.
Brokers have warned that MS Amlin’s decision to exit nine business lines could create issues for the broking sector.
Amlin revealed earlier this week that it is exiting nine of its business lines, including corporate property, real estate, fleet and aviation, as part of an underwriting restructure which has been designed to feed into its transformation to the year 2023.
Jullian Shawcross, MD of Peter Hattersley & Partners argued that this type of restructure is indicative of the state of the
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