Car insurance provider Admiral
will be creating over 190 jobs after receiving a grant worth £668,500 from the Welsh government.
Under the business finance scheme, the grant will aid job creation as Admiral
ventures into the personal lending market. Via an online platform, the company plans to offer a range of new products including personal loans and car finance.
A total of 193 customer service and sales jobs will be opened up. Of the more than 9,000 people employed by Admiral
across eight countries, over 6,000 are in Wales.
is committed to expanding its operations in Wales,” noted Ken Skates, Cabinet Secretary for Economy and Infrastructure. “We appreciate its continued presence as a major employer here, and consider this funding a worthwhile investment.”
Skates continued: “Welsh Government funding for this new range of products ensured the jobs are created and stay in Wales. I congratulate Admiral
on its continued growth and job creation which is a great advertisement for service delivery in Wales.”
chief financial officer Geraint Jones, Wales is one of the fastest growing financial services centres in the UK.
is delighted to be able to launch its new venture into the lending market here in our home city of Cardiff,” he said.
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