EMCC European Monitoring Centre on Change



Geographic Location

Country: United Kingdom
Region: Wales
Location of affected unit(s): Cardiff, Swansea and Newport


Sector: Financial services
Financial and insurance activities
65 - Insurance, reinsurance and pension funding, except compulsory social security
Number Employed: 6000

Employment Effects

Announcement Date: 08-06-2017
Type of Restructuring: Business expansion
Planned Job Creation: 150

Additional Information

Insurance company Admiral is expanding its workforce by creating 150 new jobs in its operations across South Wales. Roles will be available in sales, claims, renewals and customer services and will be based in Cardiff, Swansea and Newport. The company operates an employee shares scheme which all new employees will join, which gives shares worth upp to GBP 3,600 (€4,100) as well as pays dividends twice a year. Admiral is a major employer in South Wales, employing around 6,000 across its operations. It previously expanded at these three sites in 2015