The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
185 jobs Number of planned job creations
Announcement Date
28 June 2006
Employment effect (start)
Foreseen end date
Description
Halifax Insurance has announced that it will take on 185 staff, bringing its total workforce in the Shannon region of Ireland to 440.
Commenting on their announcement of 185 additional jobs, Mr Jerry White, Managing Director, Halifax Insurance Ireland Ltd, said: "We are very pleased with our first four years of operation, and currently employ 255 staff at Shannon. The support of Shannon Development, the calibre of the people we have recruited, and the favourable business climate in Ireland make Shannon the natural choice for our expansion plans".
Based in Shannon, Co Clare, Halifax Insurance Ireland is a subsidiary of HBOS plc (Halifax and Bank of Scotland), one of the UK's largest banks. The Company specialises in creditor repayments insurance for HBOS customers. Business functions located at the Halifax Insurance Ireland offices at Shannon Free Zone include Underwriting, Customer Services, Direct Sales, Finance, IT and Human Resources.
Sources
20 June 2029: The Irish Independent
Citation
Eurofound (2006), Halifax Insurance, Business expansion in Ireland, factsheet number 63726, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63726.
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