Allianz has proposed closing its offices in Woking and Luton as part of a plan to compete more efficiently and deliver a sustainable service to customers and brokers.
The proposal, subject to a 45-day consultation, puts 49 Allianz employees in Woking and 48 employees in Luton at risk of redundancy.
Woking also has a small credit management team that will transfer to Allianz’s Guildford office.
The insurer is planning to create 75 new roles across different locations and hopes to redeploy as many employees from Woking and Luton as possible.
Should the proposal go ahead, the two locations will close on 30 September and brokers will be serviced by offices in London, Chelmsford, Birmingham, Maidstone and Southampton.
Simon McGinn, general manager of commercial and personal at Allianz, said: “These proposals will bring a short period of uncertainty to the people in these locations during which we will do everything we can to support them. This proposal is not in any way a reflection on my colleagues working at Woking and Luton or the business results they have achieved, but is a necessary decision as part of our focus on efficient transformation.”
“I cannot stress strongly enough that Allianz remains fully committed to its strategy of providing a quality service to brokers where we are central to a sustainable local market. We have communicated the proposal to brokers and made it clear that should it go ahead, we have robust plans in place to maintain the high levels of service they have come to expect from Allianz.”
The move follows the news that AXA UK has put 125 jobs across six sites at risk of redundancy after further changes to its claims operations.
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