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Daily Insurance Industry News
Thursday 20th of September 2018
July 7, 2011

Jobs lost as Zurich goes direct with Endsleigh

by Gill Montia

Story link: Jobs lost as Zurich goes direct with Endsleigh

Jobs lost as Zurich goes direct with Endsleigh

Zurich is to return to the direct insurance market in the UK later this year, in strategic partnership with subsidiary Endsleigh.

The insurer’s general business will offer motor and home insurance on aggregators under the Zurich brand, with Endsleigh carrying out sales, servicing and premium collections.

The move forms part of a restructure announced earlier this year, which created three market-facing units: Personal Lines, Commercial Broker, and Zurich Municipal.

According to the firm’s personal lines director, Karl Bedlow: “The new low-cost model recognises the reality of an aggregator-dominated direct personal lines market in the UK.”

In total, 243 jobs will go across customer services, claims, finance and offshore teams, with the group’s Cardiff offices bearing the brunt of the headcount reduction.

However, 43 new roles are being created within Zurich’s property claims and finance operations teams in Whiteley, Hampshire.

 

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