View more on these topics

Aviva retirement boss to exit amid restructure

Aviva-Sign-700x450.jpg

Clive Bolton, who heads up the savings and retirement division at Aviva UK, is to leave the firm after 25 years as part of a wider company restructure.

The move follows recent changes at Aviva which is bringing all of its UK insurance businesses – life, general and health insurance – together under the guidance of Andy Briggs, formerly Aviva UK life chief executive.

Aviva said Bolton has decided “now is the right time to leave the business”. The company has announced further management changes within the division, which are expected to take place between April and June and are subject to regulatory approval.

Lindsey Rix, managing director for personal lines UK general insurance will now lead the savings and retirement team covering the platform business, annuities, and equity release globally.

Meanwhile, Colm Holmes, UKGI chief executive will continue to lead the general insurance business and start taking the lead of the global corporate and specialty risk arm.

Mark Noble, managing director of UK health, will also lead health and protection.

Briggs says :“As the UK’s largest insurer we believe Aviva has a unique opportunity to grow in the UK. We want to provide a simple, more convenient and better value service to our customers and so we are bringing our UK businesses together – life insurance, general insurance and health insurance.

“The management team we have announced today has the right experience and ambition and, with the benefits of our investment in digital, I am confident Aviva has what it takes to be the number one choice for our partners and customers.”

Recommended

Umbrella-Rain-Businessman-Protection-700.jpg

Covéa trumps Aviva and Cardif Pinnacle on Paymentshield products

Paymentshield has appointed Covéa Insurance to provide the cover for two protection products. Covéa will back the IncomeShield and MortgageProtector products, replacing previous insurers Cardif Pinnacle and Aviva. Paymentshield proposition and insurer relations director Amanda Fox says: “The appointment of Covéa Insurance to provide the cover for these products will further improve our reputation within […]

Board-Room-Meeting-Room-Business-700.png

Intrinsic bids for Tenet as Aviva eyes mortgage arm

Old Mutual Wealth-owned network Intrinsic has made a “non-binding” offer for Tenet as part of a possible break-up of the business, Mortgage Strategy’s sister title, Money Marketing, understands. It is believed Aviva – which already owns a 47 per cent stake in Tenet – has also tabled a bid specifically focused on TenetLime, the network’s mortgage […]

Aviva-signage-building-2013-700.jpg

L&G reports new Aviva protection products over legal ‘conflicts’

Insurers including Legal & General and Royal London are disputing whether Aviva’s new business protection products are allowable within tax rules, Mortgage Strategy’s sister title, Money Marketing, can reveal. Aviva launched two new products on the Aviva Life Protection Solutions platform last month including a “market first” relevant life insurance with the option to add […]

US: mid-year review and outlook

By Felix Wintle, Manager of the Neptune US Opportunities Fund H1 2014 Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of underlying economic weakness or […]

Mental health in the mainstream

By Amanda Docherty, senior marketing consultant Apart from career success, millions in the bank and, on appearance, coveted lifestyles, what else do Rio Ferdinand, Lady Gaga and Ellie Goulding all have in common? They’ve all demonstrated that the power of celebrity can sometimes have a more altruistic purpose than idle gossip. Recently we’ve seen respected […]