Insurance Group Endsleigh have announced that it will be closing its 119 branches by the end of the year. The news follows a strategic review of business by the company who see their future offering internet based solutions.
With over 80% of their business generated over the internet and 30% of new sales transacted online on a self serve basis, the company has seen the number of visitors to their retail outlets dwindle over the last five years.
A statement from Endsleigh said: “The Board believes that continued investment in Endsleigh’s already established web based offering, supported by an expansion of UK call centre operations, will greatly strengthen the company’s market position going forward”.
Endsleigh plans to create regional based relationship teams throughout the UK to coincide with the closure of the local outlets. Around fifty sales staff will continue to work in local areas particularly with the education and graduate community.
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