Internal restructuring
United Kingdom
Location of affected unit(s)
Professional Services
Professional Legal And Technical Acconuting Activities
Legal And Accounting Activities
69 - Legal and accounting activities

750 jobs
Number of planned job losses
Job loss
400 jobs
Number of planned job creations
Job creation
Announcement Date
6 May 2014
Employment effect (start)
6 May 2014
Foreseen end date


Insurance broker Towergate has announced that it will cut 750 jobs across its branches. According to the source, the job losses will be partially offset by the creation of 400 new posts in a call centre in Manchester.

The source reports that the restructuring is intended to produce a better service for its customers, and the decision follows a successful pilot in Milton Keynes. The time frame for the changes is not yet available.


  • 6 May 2014: Insurance Age


Eurofound (2014), Towergate, Internal restructuring in United Kingdom, factsheet number 77115, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77115.