Job losses at BF&M

  • BF&M: job losses

    BF&M: job losses


Seven posts have been made redundant as a result of a restructuring of a part of BF&Ms life insurance business.

The Bermudian insurer said yesterday that two of those affected, both of whom are Bermudians, had been offered full-time positions in the group.

John Wight, BF&Ms chairman and chief executive officer, said yesterday: We are always focused on operational efficiency and client service. We have determined that reallocating the servicing of our individual life insurance business in house instead of through an agency structure allows us to better meet those objectives.

We staff according to the changing needs of the business as part of our normal course of operation. There is no change to our approach.

I am pleased to confirm we have been able to offer full-time employment to two individuals who were impacted by the restructuring.

BF&M remains fully committed to growing our individual life insurance in Bermuda.

You must be registered or signed-in to post comment or to vote.

Published Jan 15, 2020 at 8:00 am (Updated Jan 14, 2020 at 7:46 pm)

Job losses at BF&M

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    Today's Obituaries

    eMoo Posts