Ageas UK to make job cuts after review of organisational structure

Ageas UK has confirmed that it will be making job cuts following recent acquistions.

The insurer acquired Acromas Insurance Company at the end of 2024 and completed its acquisition of Esure in 2025.

Following these deals, Ageas UK has been reviewing its organisational structure and found it currently has around 3,800 people across Ageas UK and Esure, supported by 400 outsourced roles.

However, Ageas UK has said that it expects these will reduce to 2,000 by 2029, supported by 900 outsourced roles through strategic partners.

This has been driven by deduplication of roles during integration, rationale of the insurer’s office footprint, digitisation and automation and natural attrition.

An Ageas UK spokesperson said: “Following recent acquisitions, we are reviewing our organisational structure to ensure that Ageas UK remains competitive, sustainable and well-positioned for the long-term in a fast-changing market as a top three personal lines UK insurer.

“We are reducing duplication, reinvesting in digital and data and building the skills and capabilities needed to meet evolving customer needs while keeping prices fair.”

What it means for staff

Colleagues affected by the changes will have access to reskilling and career development opportunities, retraining and redeployment wherever possible and outplacement support.

This includes CV guidance, job search tools and interview coaching.

The insurer also has a new career transitions programme to go further in supporting impacted colleagues, focused on building the practical, in demand skills identified in its future skills framework.

Ageas UK is also open to working with local partners and employers to support affected colleagues, including hosting local engagement sessions to connect people with new opportunities in their area.

The Ageas UK spokesperson said: ”Decisions affecting colleagues are never taken lightly and where roles may be affected, we are committed to supporting colleagues with care, fairness and respect.

”This includes redeployment opportunities where possible, reskilling and retraining and career transition and outplacement support.”