Exclusive - NatWest Insurance in cost-cutting drive.
NatWest Insurance Services is to be brought under the umbrella of NatWest's Retail Banking Division,...
NatWest Insurance Services is to be brought under the umbrella ofNatWest's Retail Banking Division, as part of a drive to cut costs by
£525m within two years across the group.
The intermediary will continue to trade as a separate company, based in
Bristol, but will now be part of the same business unit as Retail Banking
Services, NatWest Mortgages and NatWest Life and Regulated Sales. It is
expected that these changes will result in redundancies, but the company
could not reveal any numbers at
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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
Q&A: Martyn Holman, chair of Somerset Bridge
Martyn Holman tells Insurance Age about the evolution of Somerset Bridge under the ownership of Arch Re along with what is coming next. As the ex-Brightside CEO and Markerstudy leader winds down his career, he shares his biggest regret as well as his plans for a decade-long tour of farewell lunches.
Paul Meehan reflects on ‘formidable competitor’ Chris Giles
One of the major competitors of Chris Giles during the late nineties and early noughties period of consolidator competition has paid his respects after the former broking boss passed away aged 62.
Broker Expo Bites, Episode Four: The Broker Investment Group’s Nick Hopkin
Insurance Age continues its series featuring delegates at the 2026 Broker Expo with Nick Hopkin, strategic development director of The Broker Investment Group.
Clear buys construction specialist broker
Clear Group has strengthened its construction specialism buying Blackhawk Insurance Services in Essex.
FSCS lining up first broker levy in five years
The Financial Services Compensation Scheme has revealed brokers are being lined up to pay a £4.5m levy in 2027/28, the first payment in five years.
PIB co-founder Chris Giles passes away
Former Giles Insurance CEO and co-founder of PIB Chris Giles has passed away aged 62.
Blog: When a rebuild assessment comes back lower
A lower rebuild assessment might be welcomed, but also prompt concerns over whether part of a building has been overlooked. John Pirone, business development manager at RebuildCostASSESSMENT.com asserts this is where an honest conversation between the assessment provider, broker and insurer can help.
Broker Expo Bites, Episode Three: Brokerbility’s John Dunn
At the 2026 Broker Expo in Birmingham last month, Insurance Age caught up with Brokerbility managing director John Dunn.