Allianz restructure puts 170 jobs at risk

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Insurer set to withdraw from direct home and motor markets in the UK.

Allianz UK has confirmed that it has entered a consultation period with 170 people across its Bristol and Guildford offices as it has proposed to withdraw from the direct home and motor markets.

The insurer confirmed that it is already talking with union Unite about the proposals.

Allianz declined to give a precise timeline for the next steps.

However it stated that if the proposal to withdraw from the direct market goes ahead, the direct motor and home books will be placed into run-off with no

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