Daily Insurance Industry News
 
 
Daily Insurance Industry News
Thursday 27th of April 2017

Aviva news


Aviva is a global insurer and is one of the UK's leading providers of general insurance.

Its primary products are life and home insurances, as well as business lines.

Other business streams include retirement products such as annuities, equity release schemes (home equity loans), pension products, and other investment and savings products.

Aviva Healthcare, a major provider of private medical insurance in the UK, covers hospital and outpatient care and provides disability products.

Main Aviva products:

  • Life insurance
  • Car insurance
  • Home & Contents insurance
  • Retirement planning

Website: Aviva

Latest Aviva News:

December 28, 2012

Aviva France appoints CEO

by Gill Montia

Story link: Aviva France appoints CEO

Aviva has announced that Nicolas Schimel has been appointed chief executive officer of Aviva France, following the resignation of Philippe Maso y Guell Rivet. Mr Schimel moves from the post of chief executive officer at UFF, an independent adviser company majority-owned by Aviva France, having previously undertaken a range of high profile roles in the […]



December 18, 2012

Aviva reaches settlement with Bankia

by Gill Montia

Story link: Aviva reaches settlement with Bankia

Aviva is to transfer its entire holding in Spanish joint venture, Aseval, to Bankia, for £494 million in cash. As a result of the settlement, Aviva and Bankia have applied to the Arbitration Court in Madrid to terminate the legal proceedings between the parties and issue an award which reflects the settlement agreed. The proceeds […]



December 8, 2012

Aviva announces directorate change

by Gill Montia

Story link: Aviva announces directorate change

Aviva has announced that Euleen Goh, an independent non-executive director of the group, has decided to step down from the board and as a member of the audit, nomination and corporate responsibility committees, with effect from 31st December 2012. Ms Goh joined the insurer’s board in 2009 and is leaving to pursue her activities in […]



December 5, 2012

Apples the top temptation for Christmas thieves

by Gill Montia

Story link: Apples the top temptation for Christmas thieves

Aviva is warning that while “must have” Apple products are likely to fill Christmas stockings this year, iPhones, iPods and iPads are also likely to be on the top 10 list of items stolen over the festive period. However, burglars will wait until revellers are out celebrating the New Year before attempting to steal their […]



November 28, 2012

Aviva appoints IT transformation director

by Gill Montia

Story link: Aviva appoints IT transformation director

Aviva has announced that Phil Pavitt is to join the company as IT transformation director. Taking up the post on 7th January 2013, he will report to chief operations officer, Cathryn Riley. In his newly-created role, Mr Pavitt will direct an IT change programme that will rationalise and simplify Aviva’s IT by adopting a modern […]



November 21, 2012

Parents predict rise in children’s car insurance

by Richard Kilner

Story link: Parents predict rise in children’s car insurance

A third of parents who presently help their children pay car insurance premiums have indicated that they will stop doing so once the new EU Gender Directive comes into force. Research commissioned by Aviva also found that a third of parents would try finding their son or daughter a less expensive car and 44% stated […]



November 20, 2012

Aviva appoints CEO

by Gill Montia

Story link: Aviva appoints CEO

Aviva has appointed Mark Wilson as chief executive officer, effective 1st January 2013. Having served as chief executive officer and president of AIA Group between 2006 and 2010, Mr Wilson has over 25 years’ experience in the insurance industry across life and general insurance, as well as asset management in both mature and emerging markets. […]



November 14, 2012

Aviva urges snow-sporters to get covered

by Richard Kilner

Story link: Aviva urges snow-sporters to get covered

Research commissioned by Aviva has revealed that whilst for a quarter of skiers and snowboarders their holiday this winter will be their first winter sports holiday only 40% of them will have winter sports travel insurance. There is a significant correlation between experience with winter sports and insurance, with 70% of those who consider themselves […]



November 13, 2012

Aviva calls for pension industry support for “pot follows member”

by Gill Montia

Story link: Aviva calls for pension industry support for “pot follows member”

With the advent of auto-enrolment, Aviva has come out in support of the “pot follows member” approach to pension transfers, arguing that automatic transfers between schemes will make it easier for employees to manage their pension in one place, see the total value of their savings, and prevent money being lost or forgotten. The insurer […]



November 12, 2012

Aviva and Dayinsure launch learner driver policy

by Gill Montia

Story link: Aviva and Dayinsure launch learner driver policy

Aviva has partnered with Dayinsure, which specialises in short-term motor insurance, to offer a new policy for people learning to drive. Dayinsure Learner provides cover from just one day to up to three months and is available to motorists aged 17 and over who hold a provisional driving licence and meet the acceptance criteria. Aviva […]



November 1, 2012

Aviva invites applications for apprenticeship programme

by Gill Montia

Story link: Aviva invites applications for apprenticeship programme

Aviva has opened applications for its 2013 apprentice programme, which has places for 24 A-level and college leavers. Aimed at high achieving 18 year-olds, the programme is designed to give young people an alternative to University with on-the-job experience and support to gain industry recognised qualifications. Positions are available in underwriting and actuarial within the […]



October 26, 2012

Aviva: “squeezed middle ages” even more pressured

by Gill Montia

Story link: Aviva: “squeezed middle ages” even more pressured

Britain’s “squeezed middle ages” need an additional 32% of their income to feel financially secure, Aviva reports. Those aged between 35 and 44 are looking for an extra £612 a month (up from £596 in Spring 2012) and almost a third of this group are most worried about affording main household bills, such as heating, […]



October 19, 2012

Aviva launches RDR professional development tool

by Gill Montia

Story link: Aviva launches RDR professional development tool

Aviva has launched an online Continuing Professional Development (CPD) tool aimed at giving advisers the opportunity to demonstrate their competence in a post Retail Distribution Review (RDR) world. According to RDR professionalism rules set out by the Financial Services Authority, all advisers must undertake a minimum of 35 hours CPD each year, 21 of which […]



October 17, 2012

Aviva warns of rising theft on Bonfire Night

by Richard Kilner

Story link: Aviva warns of rising theft on Bonfire Night

Aviva has warned that Bonfire Night is the worst day of the year for burglaries, with 25% more burglaries occurring than on a standard day. Gold and jewellery are particularly sought after, with a 33% rise in claims for them compared to the September/October average. Car thefts also spike during Guy Fawkes Night, during which […]



Aviva adds minifleet and PI to e-trading platform

by Gill Montia

Story link: Aviva adds minifleet and PI to e-trading platform

Aviva is adding two further products to Fast Trade, its online e-trading platform. Minifleet and professional indemnity join 13 other commercial auto-rated products, with a promise that brokers can expect full-cycle functionality from quote to renewal, instant access to documentation and a fast-tracked referral process within one hour. Minifleet is Aviva’s first motor policy on […]



October 9, 2012

Mental health better understood in the workplace

by Gill Montia

Story link: Mental health better understood in the workplace

Increased understanding of mental health issues at work has prompted a steady rise in the number of UK employees claiming for psychiatric disorders on both income protection and private medical policies, Aviva reports. In 2011, conditions such as depression, stress and anxiety were the biggest cause for claim across the insurer’s income protection solutions, which […]



October 8, 2012

DIY know-how lost by “Do It For Me” generation

by Gill Montia

Story link: DIY know-how lost by “Do It For Me” generation

Home maintenance and improvement know-how is being lost through the generations as grown-up children turn to mum and dad for help with their DIY, according to new research from Aviva. More than half (55%) of empty-nest parents are called upon to help with improvements at their children’s homes, carrying out jobs that would cost around […]



October 2, 2012

Aviva and Citi renew wrap platform contract

by Gill Montia

Story link: Aviva and Citi renew wrap platform contract

Aviva and Citi have signed a 10-year agreement for the administration of Aviva’s retail wrap platform in a move that reflects their commitment to a long-term partnership in savings and investment services in the UK. Under the deal, Citi will continue to provide administration support to Aviva’s wrap platform through its OpenWealth service, core feature […]



September 17, 2012

Aviva archives reveal archaic insurance claims

by Richard Kilner

Story link: Aviva archives reveal archaic insurance claims

Car insurer Aviva’s archives, dating back to 1911 when there were just 89,000 cars on the road, have revealed historic and unusual reasons for insurance claims in decades past. Despite the lower number of cars accidents were more common in the past, with one accident per 14 vehicles in 1930, compared to one accident per […]



August 14, 2012

Aviva pilots pay-how-you-drive insurance

by Gill Montia

Story link: Aviva pilots pay-how-you-drive insurance

Aviva is proposing to use smartphone technology to create individual driver profiles that will be used to calculate tailored “pay-how-you-drive” premiums. Aviva RateMyDrive, which is about to enter its next trial stage, monitors motorists for 200 miles, including acceleration, braking and cornering. The data is then turned into an individual score which helps determine the […]