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 Midlands; Leicestershire; Rutland and Northamptonshire
Location of affected unit(s)
Leicester
Sector
Financial Services Activities Auxiliary To Financial Services And Insurance Activities Activities Auxiliary To Financial Services And Insurance Activities 66.22 - Activities of insurance agents and brokers
500 jobs Number of planned job creations
Announcement Date
2 May 2017
Employment effect (start)
Foreseen end date
Description
Insurance company Hastings Direct is creating 500 more jobs at its premises in Leicester. The jobs will be based in the new claims department for the insurer. The company opened its third UK site in Leicester in 2015. Since then further expansion has necessitated relocation within the city to a larger office space, when the firm took its current offices in January 2016. The company has said that it expects the latest round of recruitment to be complete in between 12 and 18 months.
Sources
2 May 2017: Leicester Mercury
Citation
Eurofound (2017), Hastings Direct, Business expansion in United Kingdom, factsheet number 91037, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91037.
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