Thursday, February 7, 2013

NFU Mutual to 150 job cuts

7 February 2013 |By Newsdesk

Insurer NFU plans to FNOL teams into a single location

NFU Mutual will make 150 layoffs as part of a move to consolidate the first notification of loss (FNOL) teams.

The agriculture insurance company said the cuts would be made over three years. It follows a review of the FNOL operational strategy.

The proposals include the NFU FNOL teams in Bristol and Wellingborough merge in its existing Glasgow team.

The insurer said that it was the introduction of an online image and workflow solution to improve the claims process.

In a statement, the insurer said, "Unfortunately, we expect to lower 150 roles over the next three years as a result of the move away from a dependent process of paper, and to consolidate our proposal teams.

"We work with those that can be taken to explore options for the future, including relocation or recast, in order to limit the potential need for layoffs."

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Title Post: NFU Mutual to 150 job cuts
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