If you are thinking about relocating, North Tyneside offers outstanding opportunities for business development and a top-quality lifestyle – the area boasts the UK’s largest and most successful office park, two Enterprise Zones and superb transport links.

Collingwood Insurance

Information

CollingwoodAn insurance firm doubled its workforce after expanding its North East base as well as its offering to customers.

 

Collingwood Insurance Services (UK) Ltd created 100 new jobs to add to the existing 100-strong workforce at its contact centre in North Shields, to help meet demands for a new product.

 

The £8m turnover business, known in the industry for its existing learner driver insurance called Woop, introduced newly qualified motor insurance to its product portfolio.

 

As well as launching a new product, the company also created a new in-house training department and expanded its HR department to manage the recruitment drive.

 

The insurance intermediary, which first set up in North Shields in 2001, has experienced rapid growth, prompting the company to reinforce its commitment to the borough by purchasing its existing premises on Earl Grey Way, as well as the building next door to accommodate its future growth plans.

 

Reflecting on the company’s growth the new product David Thomas, finance director at Collingwood Insurance, said: “Following a successful launch of our new product this is an exciting time for Collingwood as we continue to grow and we are delighted to offer new opportunities in the region.

 

“We believe it’s extremely important to keep the jobs here in the North East because we have a great workforce here, and it also reverses the trend of recent years which has seen a high concentration of specialist services setting up hubs elsewhere, such as Leeds.

 

“The newly-qualified motor insurance is a brand new product we are taking from a standing start. In future years it will, I’m sure, deliver bigger turnover but we are being cautious in the first year and think it will add around £1m to our turnover.”

 

Sean Collier, senior manager for business and enterprise at North Tyneside Council, who assisted Collingwood Insurance Services with its expansion plans, added: “The contact centre sector is incredibly important to North Tyneside and the wider region as a whole.

 

“We continue to provide assistance to Collingwood Insurance through our aftercare programme and it is great news for the industry and the North East that they have decided to expand here.

 

“The support we’ve provided will help the company to prepare for future success.”

 

Visit: www.collingwoodlearners.co.uk

 

To find out more about expanding and locating your business to North Tyneside, contact us on 0191 643 6409 or email business@northtyneside.gov.uk

Case studies: