EMCC European Monitoring Centre on Change



Geographic Location

Country: Netherlands


Sector: Financial services
Financial and insurance activities
65 - Insurance, reinsurance and pension funding, except compulsory social security
Number Employed: 13000

Employment Effects

Announcement Date: 25-03-2021
Planned Job Reductions min: 240
Type of Restructuring: Internal restructuring
Foreseen End Date: 31-03-2024

Additional Information

The Dutch insurance company Achmea cuts 240 jobs at its non-life insurance department.

An increasing number of claims is submitted digitally and processed automatically without any human intervention. In addition, Achmea states that the volatility in the number of claims forces the company to become more flexible.

As the job cuts will be spread over the next three years, forced dismissal will not be necessary.

Union representatives were not surprised by the reorganisation plan, since many companies in the financial sector are reorganising as a result of digitisation.

Achmea is the largest insurance company in the Netherlands and has 13,000 employees.