Tag Archives: Aviva

Aviva finalises bulk annuity deals with Fenwick Limited pension schemes, extending a partnership over a decade long

(IN BRIEF) Aviva has completed £113 million bulk purchase annuity buy-in transactions with the Fenwick Limited Superannuation Fund and the Fenwick Senior Executive Pension Fund, securing all remaining member benefits. The long-standing partnership, which began in 2012, was supported by … Read the full press release

New Aviva and CALM collaboration focuses on suicide awareness and breaking stigma through education and resources

(IN BRIEF) Aviva has partnered with suicide prevention charity CALM to launch new resources that support customers, families, and advisers in addressing the sensitive issues surrounding suicide. Developed in response to rising online searches about suicide coverage in life insurance, … Read the full press release

Aviva secures benefits of 440 Quest UK Pension Scheme members with £134 million buy-in

(IN BRIEF) Aviva has completed a £134 million bulk purchase annuity with the Quest UK Pension Scheme, securing the pensions of over 440 members sponsored by Givaudan UK Limited. This marks the second risk transfer between Aviva and Givaudan, following … Read the full press release

Aviva completes £700 million buy-in with ABB Plan securing pensions for over 7,300 members

(IN BRIEF) Aviva has finalised a £700 million bulk purchase annuity buy-in with the ABB Plan, securing pension benefits for more than 7,300 members. The transaction, completed in July 2025, included a £620 million in-specie transfer of corporate bonds and … Read the full press release

Aviva partners with Tesco Insurance & Money Services to deliver affordable life insurance and customer rewards for UK families

(IN BRIEF) Aviva and Tesco Insurance & Money Services have partnered to launch a new life insurance product for Tesco customers and Clubcard members. The plan, available online and in stores, features cover starting at £5 per month, a 5-star … Read the full press release

Aviva Launches Upgraded Freight Liability Insurance with Expanded Cover Conditions and Economy Option

(IN BRIEF) Aviva has upgraded its Freight Liability insurance, now live on Acturis E‑Trade and Fast Trade, introducing higher coverage limits, a wider array of carriage conditions (including Logistics UK and BIFA), and a new ‘economy’ cover for lower‑risk goods. … Read the full press release

Aviva Urges Homeowners to Create Flood-Resilient Gardens as Chelsea Flower Show 2025 Unveils British Rainforest Garden

(IN BRIEF) As part of its commitment to sustainability, Aviva encourages homeowners to consider climate-resilient materials for their gardens, particularly in light of the risks associated with impermeable surfaces like artificial grass. Research commissioned by Aviva shows that many homeowners … Read the full press release

Aviva’s Group Income Protection Helps Over 2,600 Employees Return to Work in 2024

(IN BRIEF) Aviva’s 2024 Group Protection Claims and Wellbeing Insight Report reveals that over 2,600 employees received vocational rehabilitation support, with 86% returning to work. The report highlights mental health, cancer, and musculoskeletal claims as key focus areas, with a … Read the full press release

Commission Report Urges State Vocational Rehabilitation and Corporate Transparency for Healthier Working Lives

  (IN BRIEF) The final report from the Commission for Healthier Working Lives, set up by the Health Foundation, has been released after a nine-month study. Aviva was actively involved in the process, providing evidence on maintaining employee health and … Read the full press release

Aviva Study Reveals Critical Gaps in UK Women’s Ovarian Cancer Awareness, Urges Early Detection

  (IN BRIEF) Aviva’s recent research, conducted during Ovarian Cancer Awareness Month, reveals significant gaps in the knowledge of ovarian cancer symptoms among UK women. The study found that 62% of women overall, and 73% of those over 55, feel … Read the full press release

Aviva Secures £1.7 Billion Pensioner Buy-In for National Grid Electricity Group

(IN BRIEF) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release

Aviva Introduces Shariah Lifestyle Investment Strategy to Expand Pension Options

(IN BRIEF) Aviva has launched a Shariah-compliant lifestyle investment strategy for workplace pension members, offering automated de-risking and a target drawdown glidepath to enhance retirement planning options. Developed in partnership with HSBC Asset Management, the strategy includes three funds—Global Equity … Read the full press release

Aviva Expands Supported Internship Programme for Young Adults with Autism, Offering Work Opportunities in Norwich

(IN BRIEF) Aviva has opened applications for the second year of its Supported Internship Programme, offering young adults with autism valuable work experience at its Norwich offices. The programme, a collaboration between Aviva, DFN Project SEARCH, The Wherry School, Norfolk … Read the full press release

Aviva Leaders Recognized in 2024 HERoes Role Model Lists for Championing Gender Diversity and Inclusion

(IN BRIEF) Aviva has announced that three of its leaders—Danny Harmer (Chief People Officer), Suzie Nolan (Head of Property, Aviva Ireland), and Anna Dilku (Senior Creative Content Manager)—have been recognized in the 2024 HERoes Role Model Lists for championing gender … Read the full press release

Aviva Introduces Junior ISA with 0% Platform Charge

(IN BRIEF) Aviva is launching a new Junior ISA (JISA) portfolio with a 0% platform charge, aimed at encouraging young investors to maximize their tax-efficient savings. This fully integrated JISA will be available later this summer to both new and … Read the full press release

Aviva Enhances Risk Management Capabilities with Cutting-Edge Software

(IN BRIEF) Aviva has revolutionized its exposure management capabilities with the adoption of Orchestra, a sophisticated software solution developed by Symfos. Since its implementation in 2021, Orchestra has streamlined Aviva’s portfolio roll-up process by 60-70%, allowing for quicker data processing … Read the full press release

Aviva Completes £130 Million Deal to Secure Telereal Pension Plan Benefits

(IN BRIEF) Aviva has successfully finalized a £130 million bulk purchase annuity full scheme buy-in with the Trustee of the Telereal Pension Plan, sponsored by Telereal Services Limited. This move will see Aviva insuring defined benefit liabilities for approximately 500 … Read the full press release

Aviva Launches Aviva Clarity to Support Small Scheme De-Risking

(IN BRIEF) Aviva has introduced Aviva Clarity, a streamlined Bulk Purchase Annuity (BPA) service aimed at facilitating market access for smaller pension schemes with assets typically under £100 million. This service underscores Aviva’s commitment to aiding schemes in their de-risking … Read the full press release

Aviva Joins Partnership to Finance 250 Zero Emission Buses Across UK

(IN BRIEF) Rock Rail, the UK Infrastructure Bank, and Aviva Capital Partners have collaborated to establish a funding platform for zero emission bus financier, ‘Rock Road,’ committing an initial £100 million to fund up to 250 zero emission buses and … Read the full press release

Aviva Partners with Joe Wicks and Strava to Encourage Nationwide Wellbeing Revolution

(IN BRIEF) Aviva collaborates with fitness icon Joe Wicks and Strava to launch the #MoveWithAviva challenge, aiming to inspire individuals across the nation to prioritize their health and wellness. In response to findings revealing common barriers to exercise, such as … Read the full press release