Insurers £25bn investment pledge supports jobs growth
Decembers announcement that six of the UK’s largest insurers are to commit to investing £25bn in the UKs infrastructure as part of the Government’s relaunched ‘National Infrastructure Plan’; should mean good news for jobs in both the UK’s insurance and infrastructure sectors.
The Government announced Legal & General, Aviva, Prudential, Standard Life, Scottish Widows and Friends Life have signed up to the plan to invest £25bn over the next five years as they stated ‘Insurers play a key role in providing the stable, long-term, investment needed to drive sustainable economic growth,’
The UK is a key player in the global insurance market and this pledge further enhances this reputation. As Kyna Associates is an established recruitment partner to many high profile insurance companies such as Towergate Partnership, BGL Group (owners of Comparethemarket.com), ACE European Group and RK Harrison, we welcome the news and predict further job creation as a result of the investment. We are confident that each of our verticals of Executive Appointments, IT and Business Change will be positively impacted by this investment.
To read more about the National Infrastructure plan, please click here.