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The information below comes from the UK Activity Report.
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Zurich Financial Services Zurich Financial Services is planning to shed 500 jobs in Newcastle, 140 in Portsmouth and 86 in Cardiff in 2007, as part of the reorganisation of its insurance call centres. 09-Aug-2006 Zurich Financial Services has sold Claims Management Group, the provider of outsourced claims management services with 550 staff at 12 international offices, to Sovereign Capital Partners for undisclosed terms. 02-Sep-2005 Zurich Financial Services has announced plans to shed up to 450 jobs at administration centres in Swindon and Cheltenham. 30-Mar-2004 Zurich Financial Services is considering plans to outsource its IT operations, which could lead to the loss of some of its 700 IT staff in Swindon. 27-Feb-2004 Zurich Financial Services is to close Zurich Life Assurance to new business and sell the remaining operations to Swiss Re for an initial £150m. 07-Aug-2003 Zurich Financial Services is planning to sell Threadneedle Asset Management to American Express for £340m, enabling Amex to expand its London-based money management operations. 16-Jun-2003 Zurich Financial Services is looking to raise up to £350m from the sale of its Threadneedle fund management business. 14-Apr-2003 Zurich Financial Services is said to be planning to set up a new Cardiff headquarters at the Fusion Point development, with the creation of 300 jobs. 14-Feb-2003 Zurich Financial Services has announced plans to shed 750 jobs at offices in Swindon and Cheltenham, with IT and customer services staff being hardest hit. 19-Dec-2002 Zurich Financial Services is to close its Warranty Management Services office in Prestatyn with the loss of 120 jobs, in order to contract the work out to Home Service GB in Birmingham. 28-Nov-2002 Zurich Financial Services is planning to close its Eagle Star insurance call centre in Bournemouth with the loss of about 400 jobs, although some staff will be transferred to Fareham. 30-Oct-2002 Zurich Financial Services is to sell Gresham, its private equity business with 32 staff, to management for undisclosed terms. 09-Sep-2002 Zurich Financial Services is planning to shed up to 2,000 jobs in the UK, as part of a worldwide restructuring that will involve a total of 4,500 jobs losses and the closure of some banking and fund management operations. 06-Sep-2002 Zurich Financial Services has invested £90m in the launch of a new internet bank, and the Cheltenham-based operation hopes to attract 300,000 customers over the next five years. 17-Jan-2002 Zurich Financial Services is planning to shed about 180 of its 450 UK-based IT staff by April, which will affect offices in Portsmouth. 02-Jan-2002 Zurich Financial Services is to launch a wealth management service in partnership with 7 Investment Management, which will be offered by phone and internet. 04-Oct-2001 Zurich Financial Services is to restructure its UK life insurance business with the loss of 500 jobs, including 170 in Swindon, in order to save £50m a year and outsource non-core activities. 18-Apr-2001 Zurich Financial Services is to outsource its systems development and IT support to IBM in a 10-year deal that will involve the transfer of 800 staff. 27-Feb-2001 Zurich Financial Services is to rename its Allied Dunbar network of 4,700 advisers to the Zurich Advice Network, in order to strengthen the Zurich brand in the UK. 29-Jan-2001 Zurich Financial Services is to close its two in-house car repair centres with the loss of 85 jobs, due to a fall in workload. 25-Aug-2000 Zurich Financial Services is to relocate its specialist life assurance arm from Fareham to Swindon over the next 12 months, with the transfer of up to 200 jobs. 16-May-2000 Zurich Financial Services is setting up a new customer service centre for its Strategic Partnerships subsidiary in Leeds, with the creation of 200 jobs. 14-Feb-2000 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007