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Industry unites to condemn outsourcing-related jobs threat

Industry sources have expressed concern that the culture of outsourcing that is currently prevalent ...

Industry sources have expressed concern that the culture of outsourcing that is currently prevalent within the industry will inevitably lead to future job cuts and a subsequent drop in service levels.

This summer alone saw the announcement of nearly 6,000 total job losses within Axa, Norwich Union, Royal & Sun Alliance (RSA) and Zurich, which all announced redundancies, with many of the affected positions being outsourced.

Chief executive of the British Insurance Brokers' Association (Biba), Eric

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Interview: Allianz’s chief distribution officer Nick Hobbs

Nick Hobbs, chief distribution officer at Allianz UK, tells Insurance Age about the importance of the provider’s regional footprint now including broker hubs, the challenges of the soft market and its MGA appetite as well as the ongoing investment in technology and goals for 2026.

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