Redundancies
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.
Allianz redundancies continue amid claims reorganisation
The insurer is set to close its Bristol claims operation with a threat to 128 jobs as it reviews its claims business.
Aviva to cut 1,800 jobs over three years
Provider confirms plans to separate its life and general insurance businesses in the UK as part of wider restructure to reduce costs.
Ardonagh closes 24 Swinton branches
The company's Q1 results revealed that £6m had been spent by Ardonagh on the closures.
McGinn details Allianz commercial redundancies
The business has proposed to close two branches and make 97 people redundant.
Allianz puts 97 roles at risk of redundancy amid branch closures
The provider has proposed closing its Woking and Luton offices but McGinn stressed the business remains committed to brokers.
Axa threatens 125 claims roles
The possible redundancies come amid a restructure and business “simplification” and follow 106 roles being placed at risk last month.
#Insagepeople: 8-12 April 2019
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Axa CEO admits simplification strategy could lead to more redundancies
Provider recently put 106 roles at risk.
Ageas redundancies confirmed
Following a consultation about the closures of Port Solent and Stoke-on-Trent centres Ageas expects 430 redundancies.
Axa puts 106 roles at risk
Redundancies likely as the insurer announces it is to open two trading centres in Bolton and Ipswich.
Ageas' profitability back to pre-Ogden levels
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.
Up to 275 jobs at risk at Axa XL in the UK
Provider proposes to cut 711 roles across Europe as integration process continues.
LV puts 140 people at risk of redundancy
Insurer proposes changes to its claims team, affecting people in its Bournemouth, Ipswich and Leeds offices.
Brokers call on Ageas to keep up service level following office closures
The provider is set to shut Port Solent and Stoke-on-Trent operations.
Podcast: The top five stories of the week
The Insurance Age content director and editor tackle the headlines that got brokers clicking over the past five days.
Leaked document reveals detail of Ageas redundancy risk
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.
Key broker contacts remain in place after Ageas management changes
Provider adds roles and plans to move internal IT to Tata Consultancy Services.