The customer service company finance insurance premium at Lloyds TSB Insurance will bring the total number of staff at the firm’s Tredegar Park base to nearly 900.

Recruitment is set to take place over the next four months, for roles including claims administrators and team leaders.

Newport Councillor Ken Critchley dictionary finance insurance international
it as “excellent news”.

David Car insurance finance, head of customer service at the firm, said the firm, based in Tredegar Park, was seeking to become one of the leading insurers in Europe.

Steve Pantak, from the finance sector trade union UNIFI, added: “It’s good to see the company reaffirm its personal finance insurance to the local south Wales economy,” he said.