Nationwide’s Left the Building. Insurance Company Makes Remote Work Permanent in 5 States. – Insurance Journal

30April 2020

Post 25 Comments Nationwide stated it prepares to completely shift to a hybrid operating design that comprises mostly working-from-office in four main corporate schools and working-from-home in the majority of other locations.

The company stated it will leave most buildings beyond four main schools by November 1, 2020 and move associates in these locations to permanent remote-working status.

“We‘ve been purchasing our technological capabilities for years, and those financial investments actually settled when we needed to shift quickly to a 98 percent work-from-home design,” stated Nationwide CEO Kirt Walker. “Our associates and our technology team have actually proven to us that we can serve our members and partners with extraordinary care with a big portion of our team working from house.”

The move is one other employers might follow, according to Ellen Carney, a monetary services technology analyst with Forrester Research. Carney thinks work from house is more than a temporary change for some employers. “This shift will stick, thanks to subsequent waves of the virus and if the inevitable recession is U– not V– shaped,” she wrote in a current report. Companies, small and huge, are questioning whether being in the real estate business makes good sense, she added.

The four main Nationwide campus locations where buildings will be kept consist of central Ohio (including downtown Columbus and Grandview Backyard); Des Moines, Iowa; Scottsdale, Ariz.; and San Antonio, Texas. According to the announcement, these locations were chosen based on present large concentration of workers; flexibility to serve members across time zones; and ongoing access to talent and subject matter know-how.

“Our objective is to guarantee that when a healing comes, we’re prepared to win business with competitively priced services while boosting our resiliency and operational effectiveness,” stated Walker. “We’re technology-enabled, people-connected and mission-driven. I remain exceptionally positive about our future.”

The location of the buildings where it is leaving and shifting all workers to permanent remote-working status consist of: Gainesville, Fla.; Harleysville, Penn.; Raleigh, N.C.; Wausau, Wis. and Richmond, Va.

. Exceptions consist of Nationwide Animal’s business operations in Brea, Calif., Nationwide’s New york city City office, where the company’s management liability and specialized business is based, along with Nationwide’s annuity circulation facility in Louisville, Ky.

. The Fortune 100 company stated it might also have smaller workplaces in locations that are needed by state plans or business need to have an office location to serve customers.

The company stated that over the next a number of months, it will finalize information including technology and devices needs, assistance mechanisms and telework contracts.

Nationwide added that it remains dedicated to its philanthropic efforts throughout the nation.

Nationwide relocated to a work-from-home posture in mid-March as the coronavirus spread. The company stated it has actually been able to keep “strong operational and customer support levels throughout that time.”

Source: Nationwide

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