Admiral

Type
Business expansion
Country
United Kingdom
Region
Wales;
Location of affected unit(s)
Cardiff, Newport, Swansea
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
236 jobs
Number of planned job creations
Job creation
Announcement Date
10 May 2013
Employment effect (start)
1 June 2013
Foreseen end date
31 August 2013

Description

Insurance company Admiral has announced plans to create 236 new jobs in South Wales. The new positions will be in sales, customer service and policy renewals and they will be created over the next three months at locations in Cardiff, Newport and Swansea. The announcement comes after a 15% rise in annual profits to £345m in March.

Plans for next year include Admiral moving into its new headquarters in Cardiff city center and to a new office in Newport's Cambrian Centre.

Admiral has created a total of 519 jobs in the UK since June 2008 (see Admiral-UK2009 & Admiral –UK2008).

Sources

  • 10 May 2013: BBC News

Citation

Eurofound (2013), Admiral, Business expansion in United Kingdom, factsheet number 75363, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75363.