AAMI Closing all branches

Insurance company AAMI will be closing all of it's branches in the next 2 months. Staff from the 24 branches were told earlier this week that they had just two months left before they were out of a job. With budget constraints and a shift to online and telephone service the move has come as no surprise to industry analysts. Research conducted by the company showed overwhelmingly that visiting branches was not the way that customers wanted to do business with AAMI and it was discovered that only 2% of income was generated from face to face business in branches. AAMI says that this is not an effort to simply cut costs but rather the next step in the evolution of their business. AAMI is doing everything it can for the staff effected.