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.
East (England); Cambridgeshire and Peterborough; Cambridgeshire CC
Location of affected unit(s)
Lynch Wood Park
Sector
Financial / Insurance/ Estate 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - Insurance, reinsurance and pension funding, except compulsory social security
230 jobs Number of planned job creations
Announcement Date
11 May 2010
Employment effect (start)
1 July 2010
Foreseen end date
31 July 2011
Description
Insurance company Royal Sun Alliance (RSA) is creating 230 jobs in Peterborough by July 2011. The expansion is due to a deal to provide pet insurance with supermarket Tesco, and the jobs will be based in RSAs existing contact centre in Lynch Wood Park. No figures were given for the number currently employed by the company.
Sources
11 May 2010: The New Listener Website
11 May 2010: BBC Website
Citation
Eurofound (2010), Royal Sun Alliance, Business expansion in United Kingdom, factsheet number 70549, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70549.