Analysts warn Tulloch may take "more radical" action if cost-cutting move fails to work as they respond to 1,800 redundancies plan.
The insurer is separating its life and general insurance businesses, as well as targeting 1,800 redundancies.
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.
Claims chief, Graham Gibson, insists that the closure and job cuts mainly affect personal lines as engineering and tech clients will see service improve.
The insurer is set to close its Bristol claims operation with a threat to 128 jobs as it reviews its claims business.
Provider confirms plans to separate its life and general insurance businesses in the UK as part of wider restructure to reduce costs.
The company's Q1 results revealed that £6m had been spent by Ardonagh on the closures.
The business has proposed to close two branches and make 97 people redundant.
The provider has proposed closing its Woking and Luton offices but McGinn stressed the business remains committed to brokers.
The possible redundancies come amid a restructure and business “simplification” and follow 106 roles being placed at risk last month.
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Provider recently put 106 roles at risk.
Following a consultation about the closures of Port Solent and Stoke-on-Trent centres Ageas expects 430 redundancies.
Redundancies likely as the insurer announces it is to open two trading centres in Bolton and Ipswich.
CEO Andy Watson says motor was the "star of the show" in 2018, comments on Brexit preparations and addresses potential redundancies in Stoke and Port Solent offices.
Provider proposes to cut 711 roles across Europe as integration process continues.
Insurer proposes changes to its claims team, affecting people in its Bournemouth, Ipswich and Leeds offices.
The provider is set to shut Port Solent and Stoke-on-Trent operations.
The Insurance Age content director and editor tackle the headlines that got brokers clicking over the past five days.
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.
Provider adds roles and plans to move internal IT to Tata Consultancy Services.
The move could affect up to 597 staff as the insurer notes that customers are increasingly buying through digital channels.
Business from 26 Jelf branches has been moved to A-Plan with 59 Jelf staff redeployed to other roles within the Marsh-owned broker and 19 people joining A-Plan.
As the cold weather settled in brokers clicked on an unrated Danish insurer going bust, RSA redundancies and Brexit.