150 posts created at esure Glasgow

 

Author - Ian McConnell © The Herald Originally published: 30/11/2011

INSURER esure, the creation of industry heavyweight Peter Wood, is planning to create a further 150 jobs at its offices in Glasgow’s International Financial Services District, The Herald can reveal.

The posts will be created over the next 18 months to two years at the Equinox building in Cadogan Street, where esure already employs about 780 people and provides work for a further 120 people who support its operations but are not employed directly by it.

The 150 additional posts which esure is now planning include about 30 for a new “broker” operation it has set up.

This will allow esure, which includes the Sheilas’ Wheels operation and sells insurance over the internet and telephone, to issue policies under its brand names which are underwritten by a panel of 10 specialist insurers.

This means it can serve higher-risk customers who might, for example, have fast cars or a claims history that would constitute an underwriting risk which esure itself would not have taken on.

Stuart Vann, chief operating officer of esure, said: “esure needs to recruit at least 150 more people in the next two years, with a chunk of those needed right now to support a completely new esure venture.”

Mr Vann noted esure, which has built up jobs in Glasgow in claims and servicing as the growth of the internet has cut the requirement for telephone-based sales staff, had created 150 jobs between September 2009 and June 2011.