Pros
The few good people that hadn't tried to escape or got 'disappeared' made some days bearable, but in retrospect, it was more like the comradery of the trenches. It's a real shame as it was once a very good company to work for. The pension and life insurance benefits were good.
Cons
It started going downhill when the CEO was managed out for standing his ground against the insurance arms of the business that he supported. After that, the COO of the London Market business became the new CEO of the Services company. Senior & then middle managers would disappear with immediate effect without warning, often overnight to 'pursue other opportunities'. Vacant roles were combined creating unsustainable workloads and any pushback or dissention was stamped out. Toxic blame culture was rife, and overworked employees either kept their heads down, quit, or were managed out. More for less was the mantra, and everyone knew it.