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London, 6 November 2002. - Zurich has announced it is consolidating its local operations at the Grange and Cheltenham House, reaffirming the company's ongoing commitment to the town.
Following a review of its office accommodation, Zurich will vacate the UK Life Tower, near Montpellier, and relocate 800 employees to its Bishops Cleeve and town centre sites, creating a contemporary working environment that makes best use of the space available.
The moves will be completed in two phases by mid 2003. There will be no job losses as a result of this move and the union and staff association are playing a full part in this process.
The building has not been formally marketed, however there has already been interest. A further announcement will be made in the new year.
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Zurich Financial Services is an insurance-based financial services provider with an international network that focuses its activities on its key markets of North America, the United Kingdom and Continental Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. It has offices in approximately 60 countries and employs well over 70,000 people.
Zurich Financial Services, (UKISA) is part of the Zurich Financial Services Group and comprises the Group's operations in the UK, Ireland and International Businesses.
For further information please contact:
Debi Isaac, Media Relations Manager, Zurich
Tel: 01793 503810 | 