AXA

Type
Business expansion
Country
United Kingdom
Region
Northern Ireland; Northern Ireland; Derry City and Strabane
Location of affected unit(s)
Londonderry
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
150 jobs
Number of planned job creations
Job creation
Announcement Date
5 March 2007
Employment effect (start)
1 May 2007
Foreseen end date

Description

Insurance firm AXA is set to create 150 jobs in Londonderry. The company has announced it will invest 15 million GBP in the development of a new customer service centre on the Northlands Road. The call centre is due to open in May 2007 and is being supported by Invest Northern Ireland. Lorna Preston, business support manager of AXA Insurance, said: 'Derry offers us a business-friendly environment and a supply of suitably qualified people.'

'We are delighted to be joining a growing cluster of financial services companies operating in the north west.'

Invest NI is providing 1.5 million GBP towards the cost of the venture.

Sources

  • 5 March 2007: BBC News

Citation

Eurofound (2007), AXA, Business expansion in United Kingdom, factsheet number 65066, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65066.