Bradford based Congregational Insurance is looking to slim down its workforce of between 60 and 70 people work at the company, which provides insurance for churches and church- owned properties.
A source told the local media: “A meeting was called when they were told that 17 people were under the threat of redundancy. It is a blow for Bradford as well. They are a company that has been in Bradford since 1891.”
Congregational & General, a previous name of the company, sold its majority share of its subsidiary home insurance operation MGA, Integra Insurance Solutions Ltd, to the Hannover Re Group in 2012. It has also previously been known as Iconica Business Services Ltd.
Congregational’s insurance policies are underwritten by International Insurance Company of Hannover SE UK Branch (IICH) and administered by Integra Insurance Solutions Ltd.
A company spokesperson told the Bradford Telegraph; “We are looking to avoid redundancies wherever possible and therefore where redundancies are necessary, these will be kept to an absolute minimum.”