Britain’s largest insurer Aviva is to cut up to 1,800 jobs by the end of 2010 as part of an overhaul of its United Kingdom insurance operations, company officials said.
Aviva said in October it planned to increase savings from its UK arm and would revamp its insurance structure, which had become unwieldy after years of mergers and acquisitions. It had not, however, detailed job cuts. The insurer, which plans to scrap the Norwich Union brand under which it operates in Britain, said it now expected 1,500 to 1,800 redundancies over the next two and a half years.
It also plans to concentrate its operations in seven towns and cities, including Manchester and Norwich. It will withdraw from 13 other locations. It will withdraw NUI operational work from offices at Dundee, Glasgow city centre, Leeds, Sheffield, Liverpool, Cheadle, Birmingham, Bristol, Southampton, Basildon, Ipswich, Exeter and Worthing.
A total of 22 offices will be affected, with some buildings due to close and staff moved into smaller accommodation in the same towns and cities.
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