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Wed 12 Dec 2008FBD to shed 150 jobs in 15 branch closures

FBD INSURANCE is to shed 150 jobs and close down 15 branches nationwide as more motorists switch to buying insurance either through the internet or over the phone.

The company, which is now Ireland's third biggest non-life insurer, says the redundancies are not as a result of the recession, but in response to market changes.

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