The insurer’s decision to close its Bristol base axing 400 jobs, 5 per cent of its total 8,000 UK workforce, is part of its drive to reduce costs.
RSA said it is keeping 40 people in Bristol to service its commercial brokers.
RSA UK operations chief executive officer Adrian Brown says: “Decisions like this that affect our people are always difficult. We have made the announcement at this early stage to maximize opportunities for staff to find alternative employment, either within the company or outside.”
Brown says individual customers will not be adversely affected by the closure, as the work currently undertaken in Bristol will be absorbed within RSA’s offices
across the UK.