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120 jobs at risk at Colchester insurance office
MORE than 100 jobs are at risk at a Colchester insurance office.
Staff at the former Capita Insurance Services, now owned by Marketstudy, have been given notice of possible redundancies.
A 45-day consultation, which runs until January 20, has been launched with all 120 staff at the Stephenson Road site, in the Severalls Industrial Park.
The office was taken over on December 4 by the new owners when it acquired four businesses from the Capita Insurance Group.
Russell Bence, managing director of the retail division at the Markerstudy Group, said: “Given the current status of contracts and the declining workloads at the Colchester site, Markerstudy has taken the decision to place all roles on this site at risk of redundancy.”
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