Redundancies
Reed in as MD as Blanc's restructure puts 114 jobs in jeopardy
Axa Commercial Lines CEO Amanda Blanc has merged the insurer's specialist markets and solution and distribution branches and appointed Matthew Reed to lead the new division as MD of intermediary and direct.
News analysis - regulation: increasingly oppressive FSCS costs could hamper recruitmentConcern that jobs may be lost as brokers struggle to foot rising bill
The recent increase of over 50% in the Financial Services Compensation Scheme (FSCS) levy for brokers has raised fears that it could cause redundancies in the industry.
Over 1,000 jobs lost as Auto Windscreens is closed
The administrators of Auto Windscreens have confirmed that 1,042 staff have been made redundant and the business closed.
Further 200 roles axed at Lloyds
Lloyds Banking Group has made 200 job cuts, mainly within its insurance division, as part of an ongoing integration programme which has resulted in 26,000 job losses in two years.
Redundancies confirmed at Confused.com
Confused.com has made a series of redundancies, hitting its PR team, Insurance Age understands.
Bluefin's Elite in run-off to allow greater Platinum focus
Bluefin has announced it is putting its Elite underwriting facility for small to medium-sized enterprise (SME) business into run-off in favour of expanding its existing Platinum product range.
Entire Choicequote workforce in redundancy consultation
The entire staff and management team at Choicequote have entered a redundancy consultation period just two and a half years after the broker was bought by Groupama.
ChoiceQuote jobs at risk as consultation period kicks off
Nearly 70 jobs at Groupama-owned ChoiceQuote Insurance Services are at risk following an extensive business review
News Analysis - Spending Review: Coalition cuts deep to stimulate recovery
Emmanuel Kenning finds that brokers are determined to be optimistic in the wake of the Chancellor's £81bn of public sector cuts announced in the Spending Review.
NIG business to be exempt from further RBSI office closures
Royal Bank of Scotland Insurance (RBSI) has assured brokers that NIG will not be impacted by recent office closure plans.
The PB Interview: Grahame Chilton: Global visibility
Andrew Tjaardstra meets Grahame Chilton, vice-chairman at Aon Group, who is relishing the company's sponsorship deal with Manchester United that astonished both the insurance and marketing worlds when it was announced last summer.
29% of chief executives have no worries
Survey finds some surprises in the attitudes of chief executives, but further down the chain there is deep concern about redundancy.
Reportage - D&O: Scare tactics
Louise Meeson asks if the recession has highlighted the true benefits of D&O or whether providers and distributors are just using it to frighten business leaders into taking out unnecessary cover
Further cuts at Tesco Compare
The majority of staff at Tesco Compare's Redhill base have been put on redundancy notice raising questions over the aggregator's future.
Legal - Retirement regulations: Retirement age heading for the horizon
Changes to the age of compulsory retirement will have an impact on brokers and their clients. Alex Lock looks at potential financial implications and risks to consider.
RBSI announces office closure plans and job cuts
Royal Bank of Scotland Insurance is to close 14 of its offices and plans to cut staff numbers at 12 other sites.
Broker Direct slashes workforce to balance declining motor book
Broker Direct has made 50 redundancies in a bid to compensate for the loss of one fifth of its personal lines motor book.
Another round of RBSI cutbacks points to gloomy NIG future
Broker-only insurer NIG could face further cuts following Royal Bank of Scotland Insurance's (RBSI) announcement that it is axing up to 2,000 roles across all of its brands over the coming year.
Quinn latest: 900 to lose jobs as CEO quits amid takeover rumours
In another tumultuous month for Quinn Insurance, 900 job losses were identified, chief executive, Colin Morgan, quit and the American insurer, Liberty Mutual, expressed an interest in acquiring the company.
RBSI to cut up to 2,000 jobs
Royal Bank of Scotland Insurance (RBSI) has announced it is to enter a staff consultation period which could affect up to 2,000 roles.
900 staff to go at Quinn
Quinn Insurance's administrators are to begin a consultation process on the proposed redundancy programme which will affect approximately 900 members of staff
News Analysis: Quinntessential downfall
Quinn insurance and the Quinn Group are going through a crisis, writes Andrew Tjaardstra.
800 redundancies rumoured at Quinn
Quinn Insurance administrators have drawn up plans to make about 800 staff redundant, Irish state broadcaster RTE is reporting.
News: Quinn UK ban reversed
Quinn Insurance has been given permission to re-enter the UK market despite an earlier decision by the Irish regulator preventing it from writing new business in the country.