United Assurance cuts 1,000 jobs

UNITED ASSURANCE, the door-to-door insurer, yesterday said it was cutting 1,000 jobs, more than a quarter of its workforce, as part of a wholesale change in corporate strategy.

The jobs will be cut from door-to-door premium collection. The redundancies, costing pounds 62m, will be spread across United's 112 branches nationwide and implemented by next April. Unions are negotiating to reduce the scale of the cuts.