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Click talks on self-employed deal for ex-staff

Non-advised protection firm Click is looking at developing a self-employed business model for staff affected by the company’s restructure.

Money Marketing revealed last month that Click is overhauling its business model by scaling back its term insurance offering and moving away from indemnity commission to commission paid on policy renewal. The move resulted in over 50 job losses from Click’s Farnham and Manchester offices.

Click held a meeting with staff last week and proposed setting up a self-employed model for former Click staff. Joint managing director Ray Flannery says: “Although Click is moving out of term insurance, we have staff who are experienced in selling term insurance. We are trying to provide a self-employed model to trade under and we want to assist them mainly through provision of leads.”



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There are 8 comments at the moment, we would love to hear your opinion too.

  1. NONE qualified, self employed commission only, NONE ADVISED protection sales. Looks to be a a future miss-selling issue for millions of policy holders. RDR will cost 1.6 Billion to implement and completly misses the None Advised protection sales and the Banks that will still sell commission based products or their own branded products with the “profit/commision” element included in the base product cost.

  2. An eloquently brilliant riposte from Andy that appears as well written as it is factually correct.

    It is heartening to know that you represent the IFA community and that professionals like yourself will be advising us in the future.


  3. Tom do I hear a touch of sarcasm in your tone? Andy you should know what you are talking about before touching that keyboard again!

  4. So Click are going to provide free life insurance leads to ex staff when they are moving out of the term insurance market.

    Hmmm. I wonder why they would do that.

    Perhaps they have a debt owed to their own staff and the only form of payment they can offer is to supply them with free leads. Presumably these are leads that the same staff have already sold once and maybe Click sees this as a way of passing on the clawback risk to them.

    Happy Christmas!

  5. Click are a joke, i worked for them for 5 years and we still havent been paid for november or december…cant wait for the company to fully go under so we can claim are wages back from the national insurance fund.they didnt cut 50 jobs they cut more like 120 jobs from every member who worked in the life insurance dept in farnham.We are all waiting for full liquidation through the creditors, l&g & fortis to finally be wrapped up in the courts….weve been waiting since 19th november for this to be sorted out!! such a cowboy joke of a company..dont touch them with a barge pole…….rot in hell click!!

  6. Click have now closed their doors and their last, stolen, bastion in northwich has fallen.

    They have not paid any of the remaining staff!!

    Disgusting – Rot In Hell Ray

    P.s. Think the serious fraud squad may be calling

  7. click was always going to bust due to there business model which has always been floored from day one, just like certain managers there who never had a clue how to run a tap let alone a business, now these people are tyring to start again under a new model, i feel so sorry for some of my freinds that still work there as they are good people and DESREVE to be paid, dont go back move on these guys are cowboys..

  8. Hi guys, just thought i should let you know what has actually happened within click as I worked there up untill the 22nd of december.

    in november they told the staff they were liquidating the life insurance department, i myself was not affected by this as i was on the GI (home insurace) side. they made over 50 people redundant, alot of whom were good friends of mine. these people were not given the 30 day period of notice required and not paid.
    come 22nd of december they then tell us the company CLICK has folded. ;eaving nearly 70 staff out of a job and no pay for the work from 1st of dec through the 22nd of dec plus any commission earned in nov, my self this was for £700.
    now we have found out we dont have many rights so if anyone has anyidea as to what rights we do have and how to get our money back please please any information would be valuable.


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