Aviva News – Page 19
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Aviva extends building insurance to new customers with cladding woes
The insurer wants to provide a ’transparent, sustainable framework’ to help residents whose buildings have external combustible cladding
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ABI reveals launch of inaugural flexible working campaign
Exactly 27 firms have signed up to the new charter, designed to ‘tackle’ gender inequality as well as retain and attract new talent
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Aviva promotes personal lines MD to chief distribution officer
The insurer confirmed today that Phil Bayles will be leaving the firm for a new role at Ardonagh Advisory
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Aviva’s Phil Bayles accepts new role at Ardonagh Advisory
Chief executive says Bayles’ appointment ‘feels like the stars aligning’, empowering him to ‘make an indelible mark on our value creation story’
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Two insurers sued for £2.6m for alleged ‘waterproofing blunder’
In an ongoing case, Aviva is one of the insurers accused of failing to inspect and repair water damage
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Shed and garage home office spaces could pose risk for insurers – Aviva
In its latest research, Aviva reveals that only a third of people have a designated home office space in their property
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Q Underwriting announces renewal deal with long-term insurance partner
The announcement follows an initial capacity deal with Ergo UK Speciality Limited earlier this year
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Backchat April 2021
Green is the new black, angry birds, new peacemakers, and who’s marking a new chapter with a rebrand? What has the insurance industry been up to this month? You heard it here first…
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IT Interview
Q&A: Aviva invests in ‘key capabilities’ to improve etrading experience for brokers
Insurance Times speaks to David Hockey, Aviva’s UKGI head of trading, about the latest etrading developments at Aviva UK
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DAC Beachcroft saves Aviva more than £12m in 2020 by identifying fraudulent motor claims
2020 also saw ‘significant changes’ in the types of motor claims fraud
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Aviva to sell Polish unit to Allianz for €2.5bn
It is the eighth transaction that Aviva has announced over the past eight months, and concludes the planned refocus of the group’s portfolio
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Industry must ‘keep an eye on’ whiplash reforms ‘to be sure they’re achieved’ – Aviva
Claims director says the implementation of the Official Injury Claim portal is ‘an important first step’, indicating that the government seeks to combat ‘compensation culture’
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Blanc succeeds Gadhia as new Women in Finance Champion
Economic secretary warns that financial services firms ’must not take their foot off the gas’ when it comes to improving gender diversity
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Lockdown accelerates Aviva’s online trading by 20%
The insurer hopes to continue investing in its direct business, as well as its commercial, broker and bank channels
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Aviva strives to strengthen broker relationships to regain star rating
The insurer plans to use a data-led approach to match brokers’ clients with suitable cover following mixed results in Insurance Times’s Five Star Rating Report: Commercial Lines 2020/21
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Businesses told to take off Covid blinkers and consider longer term risks
Commercial insurance managing director says businesses ‘have a responsibility to act today to ensure a better tomorrow’ by tackling emerging risks and not solely focusing on today’s threat actors, such as the pandemic
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Paying cyber ransom threats is to ensure customer survival says expert panel
Although a ‘contentious area’, industry leaders said cyber insurers that pay customers’ ransom payments are simply aiming to make ‘sure our customers survive after a particularly unpleasant incident’
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Aviva’s ‘big ambition’ to be the ‘UK’s leading insurer’
Aviva’s chief executive warns that the insurer has ’a long way to go before we unlock the true potential of Aviva’, but that building upon its 2020 financial results ’is just the start’
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Aviva to focus on core market strategic growth despite dip in UK GI operating profit
In its preliminary financial results this morning, Aviva revealed its focus for the year ahead as it continues to transform at pace
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Aviva aims to have net zero carbon emissions by 2040
Industry commentators say the insurer has gone ‘above and beyond its peers’ to tackle the climate crisis as it commits to stop underwriting companies that make part of its revenue from coal