Internal restructuring
United Kingdom
Location of affected unit(s)
London, Brentwood and Swansea
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65.1 - Insurance

350 jobs
Number of planned job losses
Job loss
378 jobs
Number of planned job creations
Job creation
Announcement Date
25 March 2015
Employment effect (start)
Foreseen end date


Insurance company ERS has announced plans to restructure its operations. The plans are to simplify the company's structure by focusing on two offices in Swansea and London. The Brentwood office in Essex will close and the 350 staff there have been placed on notice of redundancy. While the Brentwood site will close, staff numbers at the London site are expected to increase from 30 to 240. At the Swansea site employee numbers will increase from 230 to 398. The company noted that the decision to close the Brentwood site and concentrate on the other offices had been made after several months of planning and was part of a wider plan which is focused on future growth for the business.


  • 25 March 2015: Brentwood Gazette


Eurofound (2015), ERS, Internal restructuring in United Kingdom, factsheet number 79359, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79359.