Sources estimate up to 15 jobs to go in cost-saving drive
NIG will make a number of its broker-facing staff roles redundant next month, Insurance Times understands.
One source estimated that anywhere up to 15 jobs will be made redundant on 20 November, although NIG refused to confirm numbers or specify exactly which roles were going.
The redundancies are part of NIG’s parent Direct Line Group’s plans announced in August to target 891 roles for redundancy, which will pave the way for £100m cost savings by 2014.
The NIG spokesman said the roles affected would be the ‘underwriting population part of the announcement’ in August.
The August announcement revealed that there would be between 50 and 60 redundancies across the group’s commercial lines businesses, which include NIG, Direct Line for Business and Business Insurance Services (BIS), in head office and support function roles.
Affected employees are currently being consulted with some being redeployed or identifying opportunities with potential employers.
The NIG spokesman said the consultation process was ongoing and could not confirm specific redundancies.
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