The deal will see about 300 staff transfer from RSA Insurance-owned More Than.

The car insurer has lost many customers on the back of steep price rises and a jump in vehicle repair costs.

Covid lockdown restrictions saw customers home-working and fewer miles driven, says Admiral.

Admiral says attractive offices would encourage staff to "make an effort" to commute.

Hybrid working could be one of the long-term legacies of the pandemic and lockdown restrictions.