01625 588 200
04.26.2017
Principal to Expand New HQ as Jobs Target Smashed
Author
Lydia Morton

Principal Insurance is to more than double the size of its Manchester headquarters just eight months after the business relocated to new offices.

The fast-growing specialist insurance group will occupy the second floor of Citygate in Sale, Manchester from May. The company took on the third floor of the newly refurbished building in September last year when it outgrew its former home at Dalton House, also in Sale.

Contractors are currently on site fitting out the additional 6,555 sq. ft of office space which will house call centre, administration and back-office staff, as well as enhanced training facilities. It will also become home to Principal’s rapidly expanding Commercial insurance division.

The move comes after the company significantly exceeded its own growth forecasts resulting in swift expansion of staff numbers. When the business moved to Citygate it announced plans to create 40 new posts in Manchester within two years. It has already surpassed that target and now employs over 70 staff at its headquarters and is set to recruit a further six next month.

Dave Bowcock, Managing Director of Principal Insurance, commented;

“Trading has been impressively robust across the board with our recently established van and commercial lines performing particularly well. Even we’ve been caught a little by surprise at the sheer pace of that growth.

“Still, there are worse problems to have than to require additional office space, especially when you have access to newly refurbished offices just a floor below.”

He added that he expected the business to maintain its momentum as new initiatives kick in. “We’re in the final stages of negotiation to take our van offer onto leading aggregator platforms and anticipate these will significant boost volumes. Greater marketing resource will also be focused on the Commercial division which is already going great guns.”

For information on the remaining availability at Citygate 2, please call 01625 588 200 or click here

Related Articles

New Baby & Toddler Store Opens In Wilmslow

New Baby & Toddler Store Opens In Wilmslow

A new independent baby and toddler store offering exclusive brands, expert advice and personal shopping opens this week (27th May 2021) in Wilmslow. Baby Loves is the brainchild of Steve Abse, who brings 22 years of passion for baby and toddler retail to the town and...

Card Payment Solutions Provider Chooses Manchester For UK expansion

Card Payment Solutions Provider Chooses Manchester For UK expansion

Manchester’s proven credentials as one of the UK’s great economic and cultural hubs has attracted, UTP Merchant Services, one of the largest providers of credit card machines and online payment gateways in the UK. The company has moved its 20-strong workforce into...

Online Beauty Brand Takes on More Space to Meet Demand

Online Beauty Brand Takes on More Space to Meet Demand

Handforth-based Beauty Works has further expanded operations on Orbit Development’s Stanley Green Business Park. The luxury hair extensions and accessories business has taken an additional 6,300 sq ft of warehousing space next to its existing facility which moves its...

World Leading Medical Device Firm Moves Into Sale

World Leading Medical Device Firm Moves Into Sale

Delsys, the worldwide leader in the design, manufacture, and marketing of a portfolio of high performance electromyography (EMG) instruments, has moved its European HQ into new offices in Sale. The company makes a range of physiological and biomechanical sensors that...

Share This