Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
ERS, the UK-based motor insurer has announced the creation of 100 jobs at its offices in Swansea. The new roles will be in the claims, underwriting, and IT departments and will range from entry to managerial. As part of the expansion, the company is moving some of its more specialist jobs to Swansea from its headquarters in London.
The company’s HR manager said that “We have been growing in Swansea for several years and I am delighted that we are able to increasingly offer not just jobs but real career opportunities as we continue to expand.”
ERS, which has been operating since 1946 under various names, is the largest specialist motor insurer in the UK. It offers motor insurance for atypical vehicles, such as classic and ‘supercars’ but also combine harvesters and other agricultural vehicles.
Eurofound (2018), ERS, Business expansion in United Kingdom, factsheet number 94742, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94742.