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FBD cuts office network from 47 to 34

Office network cuts - Changes in how consumers buy insurance
Office network cuts - Changes in how consumers buy insurance

FBD Insurance has decided to cut the number of its offices throughout the country from 47 to 34 by merging the activities of certain offices.

The resulting reduction in staff numbers will be achieved through a voluntary severance programme, the company says. It said that some staff in the affected offices will be offered jobs elsewhere.

FBD has 953 full time posts and it is envisaged that after the voluntary redundancies it will have 800 full time posts.

FBD said it decided to close the offices after a detailed review undertaken by the company in recent months. This review was initiated as a result of major changes in the way customers are buying insurance, with over 70% of car and home insurance customers now using the telephone or internet.

The company said it was entering a consultative process with staff and representative bodies immediately.