Redundancies
Aviva to cut personal lines products down to 40 from 400
GI CEO Colm Holmes says the provider is targeting growth in SME and corporate and specialty and insists new strategy will not lead to more redundancies.
Aviva targets 20% premium growth in GI business
Provider reveals new organisational structure with five operating divisions.
Former Jelf boss Phil Barton joins MRIB as group CEO
Barton departed Jelf in March 2019 after 16 years with the business.
Marsh Commercial branch closures underway
Insurance Age understands redundancies of around three figures are on the cards as the former Jelf business undergoes a restructure under Anthony Gruppo.
Results dip for Allianz amid claims inflation and Ogden losses
CEO Jon Dye said the business is "still in good shape" despite the slip in performance.
Axa UK reports growth across all business lines
Figures follow an effort to streamline the provider’s operations in the UK and Ireland.
MS Amlin confirms exit from aviation market
Provider announced its decision to exit nine lines of business last month.
In Person: Marsh Commercial’s Anthony Gruppo
Insurance Age talks to the man who swung the axe on the Jelf-name, Anthony Gruppo, about business efficiency, his move from the US and his focus on delivering organic growth for Marsh Commercial
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.
Jelf rebrand an opportunity for regional brokers, say experts
Brokers say Marsh's "inevitable" move could lead to staff exits and a shift away from local service as Jelf rebrands to Marsh Commercial.
Marsh to retire Jelf name amid commercial rebrand
The broker warned that some local offices would be merged following its deals with Clark Thomson, Bluefin and JLT as it rebrands to Marsh Commercial.
Swinton closures don’t tell full story, says Donaldson
The Atlanta CEO explains that branch closures should not be viewed in isolation.
Ardonagh shutters Swinton's advised commercial business
Advised clients will be transferred to Towergate and the move, which will lead to redundancies, is likely to result in branch closures.
Tokio Marine Kiln closes Birmingham branch
Move follows decision to place Tokio Marine Kiln Insurance into run-off in June.
Aviva pledges no market exits
CEO of general insurance Colm Holmes says life and GI split is going "smoothly" and discusses premium drop in "choppy" personal lines market as MD of intermediaries Phil Bayles pledges that Aviva will not exit any business lines.
Zurich's UK GI COR improves to 85.6%
The COR improved more than 9% points as UK CEO Tulsi Naidu expects to see growth stabilise going forward from efficiencies rolling through to the results.
Dye commits to great broker service following branch closures
The Allianz CEO points to 3.7% underlying business growth as he discusses the provider's half-year results and weighs in on the amended discount rate.
News analysis: Insurer staff cuts spark broker concerns
Is the raft of recent redundancies at providers a coincidence or part of a larger trend in the industry?
Falling business volumes have not dampened insurance sector optimism, PwC and CBI report
A survey by the organisations points toward M&A activity as the source of such positivity.
The Blog Spot: First impressions
Commissioning editor Laurence Eastham reflects on his first month in the insurance industry.
Aviva job cuts: Mixed response from analysts
Analysts warn Tulloch may take "more radical" action if cost-cutting move fails to work as they respond to 1,800 redundancies plan.
Brokers sceptical of Aviva’s new direction
The insurer is separating its life and general insurance businesses, as well as targeting 1,800 redundancies.
"Business as usual" for Allianz, LV and L&G following deals
Allianz UK CEO Jon Dye says there are no redundancy plans following the insurer's purchase of L&G GI, with the process of moving business from L&G into LV expected to take around two years.
Broker claim service “to improve” from Allianz after Bristol closure
Claims chief, Graham Gibson, insists that the closure and job cuts mainly affect personal lines as engineering and tech clients will see service improve.