Lloyd’s Banking Group axes insurance jobs as part of group-wide cuts

Lloyds Banking Group is wielding the axe on 1,600 job roles, with seven coming from its general insurance division.

The rest will come from group operations, wholesale and group executive divisions.

Last year the bank announced it was going to cut 15,000 jobs in total.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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