Zurich Insurance has confirmed it will cut 342 jobs at five of its UK offices.
The majority will be cut from its headquarters in Whiteley, Hampshire, with staff in Farnborough, Cardiff, Glasgow and Leeds also at risk.
The insurer also plans to cut another 51 jobs at its Indian call centre in Pune by 2014.
Zurich says the losses are the result of restructuring following the launch of a new online car insurance product and will start from next year.
It claims the impact will be minimised through redeployment, natural turnover and voluntary redundancies…
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