LV= General Insurance has revealed that around 600 jobs of the 4,300 roles in the company will be impacted by the restructuring plans to reshape its business over the next two and half years.
The changes are aimed at providing the company with more operational efficiency and to position it for the future.
The UK-based insurer said that redundancies will be phased in line with the planned changes and will be minimised where possible by finding suitable redeployment opportunities.
Additionally, as part of the changes to the existing Claims function in LV= GI, the office space in Ipswich where employees from Claims work, will be reduced.
These changes are being proposed to ensure there is a greater focus on customer service and technical…
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