Aviva has selected Guidewire PolicyCenter and ClaimCenter as its new underwriting and policy administration solution and new claims management system respectively for its core UK general insurance business. Aviva UK UK General Insurance ...
Tags: Aviva, Guidewire PolicyCenter, ClaimCenter, underwriting
Glo Health will be launched as Ireland's fourth health-insurance provider in Dublin with the insurance company Irish Life holding a 30% stake in the new company. Being set up by Jim Dowdall, Stephen Loughman and Oliver Tattan, the chief ...
Tags: Glo Health, health insurance, Irish Life
Aviva is gearing up to dispose more than half its remaining shareholding in Delta Lloyd, the Dutch insurer, in an strategy of its restucturing plan. The UK insurance major said nearly 37 million shares will be disposed at €10.75 a ...
Tags: Aviva, insurance, shareholding, Dutch insurer
Aviva, a multinational insurance company headquartered in London, is all set to shut down two regional offices and start a voluntary redundancy program throughout the regional offices. The underwriter is implementing restructure plan to ...
Tags: Aviva, multinational insurance, commercial insurance business
Shenandoah Life Insurance Co has successfully exited receivership, following a $60m capital infusion. The Virginia State Corporation Commission ordered about the transaction, allowing the firm to resume normal operations, such as ...
Tags: Shenandoah Life Insurance Co, insurance companies, policyholders
Aviva has shortlisted Prudential and Manulife from the four potential buyers, which were selected from a second stage of bidding for Aviva's insurance business in Malaysia. The Malaysian underwriting business of Aviva is expected to fetch ...
Aviva, a UK multinational insurance company has warned that it will slash approximately 800 jobs in its UK operation, as part of its austerity measure to reduce the cost substantially and bring the life insurer on the track. The ...
Tags: multinational insurance company, insurance company, life insurer
Aviva, one of the largest underwriters in the UK has overhauled its senior management team to gain additional foothold in the insurance arena. According to the insurer, it has appointed David McMillan as the director group transformation ...
Tags: Aviva, senior management, insurance arena, insurance
The UK underwriter Aviva and CIMB have requested bidders to submit binding bids to acquire their Malaysian insurance joint venture by 29 October. Three underwriters including Prudential, Manulife Financial and Sun Life Financial are the ...
Tags: Aviva, CIMB, insurance, insurance product
British Insurance firm Aviva's chief executive officer Andrew Moss has stepped down from his position with immediate effect after shareholder revolt over pay. The board has requested chairman designate John McFarlane to become ...
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CSC has licensed components of its Integral insurance administration software suite to Aviva Life Insurance Company India, under a deal signed by both parties in the first quarter of fiscal 2013. As part of Aviva India's business systems ...
Tags: CSC, insurance software, insurance, life insurance
Guggenheim Life, the underwriting business unit of Guggenheim Partners, is gearing up to acquire some, or all, of Aviva US, for expected purchase price of 800m p ($1.25bn). With $160bn assets, Guggenheim has plans to increase its ...
Tags: Guggenheim Life, acquisition, Aviva US, purchase price
US based private equity firm Apollo Global Management (APO) is said to be ahead of its rivals Philip Falcone's Harbinger Group in bidding race to purchase Aviva US life insurance and annuities unit. Sources familiar with the development ...
Tags: Apollo Global Management, Philip Falcone, bidding race
UK-based insurance company, Aviva is reportedly putting its South Korean and Sri Lankan businesses up for sale as part of its strategy to raise money to protect against its comparetively higher eurozone exposure. Reuters reported the ...
Tags: insurance, Aviva, insurance market, insurance business
Malaysia based CIMB Group is planning to dispose of 51% stake in CIMB Aviva Assurance, the insurance joint venture (JV) formed in collaboration with the UK based underwriter Aviva. Sources familiar with the matter were quoted by Bloomberg ...
Tags: Cimb, insurance joint venture, aforesaid stake, stake