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Insurance Business | 25 Feb 2014, 08:13 AM Agree 0
A loss adjuster will be redeploying staff and introducing voluntary redundancies as part of its transformation plan as it gears up to list on ASX in March.
  • Jak | 25 Feb 2014, 10:22 AM Agree 0
    ..yet another script from 'Yes Minister' !

    Multiple redundancies in 2013; at least forty in 2013 plus resignations from senior staff too numerous to mention across Cerno's Australian network, and now this.
    One can only wonder what will be revealed when the interim feeing regime, which has been in place since at least 2012, is exposed to some forensic examinations by share holders and bankers alike.
  • Simon | 25 Feb 2014, 04:47 PM Agree 0
    Very worrying when builders try to become Loss Adjusters. No doubt a builders model will be the only option for services for what small clients Cerno have left. Bad plan, flawed model and too much arrogant behaviour by their new partners.
  • Amazed! | 25 Feb 2014, 04:54 PM Agree 0
    "Not entered into lightly"
    No, but being dumped by QBE, possibly one of Cerno's major clients, would have helped that decision.
    I suppose losing key clients and market share helps a business transform
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