Aviva Ireland job losses will be lower than expected

Sean Egan Aviva
Seán Egan, CEO Aviva Ireland

Aviva Ireland is to reduce the number of jobs it is cutting, but staff may instead face lower pay, the Irish Independent has reported.

According to the newspaper, company CEO Seán Egan said that the 950 job cuts announced in October "represented a view very early on of the maximum amount of redundancies that we thought we'd have".

He added: "As we've gone through the restructuring some things have changed. We expect [the redundancies] are going to be lower."

While Mr Egan would not confirm how many people would lose their jobs, he said it would be a "much lesser number" than 950.

When asked whether the remaining staff would

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Meet the MGA: Kayzen Specialty

Kayzen Specialty founder and CEO Charles Boorman explains to Jonathan Swift his plans for the MGA to be a go-to market for financial lines through continuous improvement across its three pillars of broker-centric, underwriter-fronted and tech-focused.

i-Wonder delivers on fast food

i-Wonder, provider of niche insurance comparison website solutions, has confirmed the adoption of its offering for the UK fast food delivery sector by “one of” the UK’s main aggregators, Insurance Age can reveal.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: