Aviva to Combine UK Insurance Businesses; Appoints Andy Biggs to Lead
January 19 2017 - 5:50AM
Dow Jones News
By Ian Walker
LONDON--Insurance company Aviva PLC (AV.LN) Thursday announced
plans to combine its U.K. insurance business, lead by Andy Briggs,
as it continues to deepen the company's position in the home
market.
"We see significant opportunities to differentiate our business
in the U.K. post-Brexit. We like the U.K., we are investing in the
U.K., and we are growing in the U.K.," Chief Executive Mark Wilson
said.
"Our priorities are to continue to deepen our position in our
home U.K. market with our 16 million customers, and to continue to
grow in our core international markets to diversify and strengthen
Aviva," he said.
As part of this, the company has appointed Maurice Tulloch chief
executive of the international insurance business, responsible for
operations in France, Canada, Ireland, Spain, Italy, Poland, Turkey
and India.
David McMillan, chairman of Aviva Global Health Insurance and
chief executive of Aviva Europe, has chosen to leave the group
following the changes, Aviva said.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
January 19, 2017 05:35 ET (10:35 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Aviva (LSE:AV.)
Historical Stock Chart
From Mar 2024 to Apr 2024
Aviva (LSE:AV.)
Historical Stock Chart
From Apr 2023 to Apr 2024