Farmers announces voluntary separation plan for eligible employees
Coverager reached out to Farmers after learning about a separation package and hiring freeze across the company.
“The sale of St Andrew’s represents an important strategic milestone for BOQ. We are delighted to have secured a buyer that has a long term vision for the business which includes meeting the continued obligations of policyholders. The divestment enables us to focus on our niche customer segments while simplifying our business model.” - Managing Director and CEO, George Frazis.