To ask the Chancellor of the Exchequer what representations he has received concerning the former employees of Independent Insurance; what assessment he has made of the employment rights of insurance company employees in the light of the collapse of Independent Insurance; and if he will make a statement.
I have been asked to reply.
I have received a number of representations about redundancy payments for former employees of Independent Insurance. The Department's Redundancy Payments Service has agreed to make redundancy payments under the provisions of the Employment Rights Act 1996, to the former employees and nearly all these payments have been made. Employees of insurance companies have the same rights as other employees under the 1996 Act.