Aviva has said it will exceed the cost savings target of £80m per year that was forecast following its purchase of RAC this year.
The company said it expects to achieve savings of £100m a year in 2006.
Aviva also announced that it wants to sell its 50/50 stake in Lex Vehicle Leasing (LVL) to joint owner HBOS.
Aviva acquired the 50% stake in LVL as part of its acquisition of RAC earlier this year. Aviva and HBOS will now enter into discussions to agree a price for LVL that may lead to the sale.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
