….or are these cuts just knee jerk reactions? Remember a year ago they said we want to be the cheapest? Now they are raising rates? Are they heading back to the cheapest plan with all these cuts? Insureds will leave after they have a claim. I truly wonder if the company will survive.
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The plan is to be sold to someone else and this leadership team can walk away richer than they already are on the backs of overworked employees and underpaid insureds and claimants….
A suitor would not be interested in their real estate, under performing books of business or large base of employees. A suitor wants to integrate the auto into their own business and sell off the pieces.
That is the goal of this leadership team…Bank it..
These cuts aren't knee jerk reactions; tons of planning go into this kind of cut or sourcing of work.