Aviva boss Tulloch targets growth by a fifth in GI
Aviva has unveiled an ambitious plan to grow its general insurance business 20% by 2022.
Aviva will use its SME springboard as a way to grow in both mid-market and corporate, it told analysts at today’s Capital Markets Day.
It also wants to shave 1% off its combined ratio - which averaged out at 96% in the last decade - by 2022.
Aviva said today: ”General Insurance: we are targeting significant profitable growth in our General Insurance businesses through speed, simplicity and efficiency for our customers, and our distribution partners.
”We will strengthen personal lines performance while maintaining growth momentum and attractive margins in commercial lines.”
It comes as boss Maurice Tulloch revealed the company would be split into five divisions.
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.
No comments yet