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.”