15/12/2021

Prestige Insurance To Create 60 New Jobs Across NI

Prestige Insurance Holdings – made up of a group of NI insurance businesses – have announced an investment of more than £3 million and the creation of up to 60 new jobs.

Prestige is set to launch a new digitally-led broking brand next year with new technical, product management, customer support and marketing roles available in Belfast, Newry and L'Derry, as well as remote working opportunities.

Trevor Shaw, CEO of Prestige Insurance Holdings Limited said: "As a business with local roots and an abundance of heritage, we have a commitment and passion for growth and market expansion and are continually looking for opportunities to develop our business across the Group through acquisition and adding to our talent pool.

"We have strategic growth plans in place to help us continue on the path of building a digital-first, modern and global insurance portfolio, and with a commitment to innovative technology and servicing our network of valued customers, we have a new digital broking brand, Stroll, coming to market in early 2022."

Brian Allen, Managing Director of Digital at Prestige Insurance Holdings Limited said: "The pandemic has seen an acceleration in the shift towards a more digital world triggered by changes in online shopping behaviours that are likely to have lasting repercussions.

"Digital technology is a new force that is driving big changes in the insurance sector. For us as insurers, the changing landscape of insurance has led to a flurry of technological advancements in the industry, and the way customers interact with us is changing as a result."

Prestige has invested heavily in qualitative research to understand what the customer actually wants from an insurance provider.

Brian continued: "Our customer is savvy, both technically and culturally and they need insurance that works for them. Their time is precious and we want to give them some of that time back by changing how they search for and buy insurance.

"Consumers can bank online, book a taxi and order groceries all with the touch of a button, and the same should be true for buying insurance. We want to take the hassle out of insurance – no more searching for documents in a bottom drawer – everything will all be available in the palm of your hand.

"We're building an insurance journey that starts where the customer is and gets them to where they want to be, quickly and easily, and we're excited to bring Stroll, a new brand with all these digital capabilities to the Prestige Group of companies in early 2022."

Related Northern Ireland News Stories
Click here for the latest headlines.

28 February 2017
Car Insurance Premiums Set To Soar
The Ministry of Justice has announced a new way of calculating compensation payments which could see average car insurance premiums soar by up to £75 a year. Lord Chancellor Liz Truss announced plans to cut the discount rate to -0.75% from 2.5%.
21 March 2024
BCC Unveils Refreshed Strategic Plan For Belfast City Centre
New plans to support the most vulnerable in Belfast while growing the economy, regenerating neighbourhoods and achieving climate targets have been published in a refreshed strategic plan for the city. First published in 2017, the Belfast Agenda set out joint vision for the city up to 2035.
13 February 2024
NI Fastest Growing UK Region For New Companies
Northern Ireland was the fastest-growing region of the UK for newly registered companies in 2023, according to a new index from Ulster Bank and Beauhurst. The New Startup Index highlights how in 2023 Northern Ireland gained 14,000 new companies, a 59% increase on 2022.
11 January 2024
Jobseekers Urged To Take Advantage Of 'Essential' HMRC App
HM Revenue & Customs has called on anyone interested in a career change to join the 1.2 million people a month already saving time with an essential app download for 2024. The HMRC app, which was opened over 80 million times in 2023, allows people to quickly find their employment history and National Insurance number to pass on to a new employer.
08 March 2022
New Legislation To Prevent Increase In Motor Insurance Premiums
New legislation to prevent an increase in motor insurance premiums has completed its Final Stage in the Assembly, Infrastructure Minister Nichola Mallon has announced. Motor insurance is a devolved matter for Northern Ireland.