AVIVA PLC (LON:AV)

Founded in 2000, Aviva Plc is a UK-based holding company, engaged in offering international savings, retirement and insurance products and services to help customers make the most out of life, plan for future and have confidence in difficult time. The company operates in Ireland, UK and Canada and other global businesses, which are managed for long-term shareholder value. The company’s shares are traded on the London Stock Exchange since 1990 as LON: AV.

The company has different branches: Life: UK & Ireland, General Insurance: UK & Ireland, General Insurance: Canada, Aviva Investors and Strategic investments. The company has around 23% shares in life and savings market of UK and offers saving, insurance, retirement and health products to individual and corporate customers.  It helps its individual customers to save and manage their income and help corporate customers with de-risking solutions for their pension schemes and promote wellbeing and health with their workforce. In Ireland it offers Unit-linked saving & investment contracts, Pre and Post-retirement unit-linked contracts and protection and annuity contracts.

The company has a leading position in General insurance market of UK and Ireland.  Transactional Net Promotor Score (TNPS) and broker trust scores is the market leading in UK and it has partnered with the Four of the UK’s six largest banks to offers their insurance solutions. The group offers Personal lines insurance in UK with focus on motor, travel and home insurance. The MyAviva application makes it easier and simpler for the customers to register.  In Ireland the company offers home and motor insurance in personal lines.  It also offers commercial lines insurance to UK’s corporate. 

The company offers a range of general insurance products to its customers in Canada. It serves though the network of over 800 independent brokers and a partnership with Royal Bank of Canada. Through Aviva Investor segment offers a range of investment solutions to its wholesale, institutional and retail clients. It offers its clients with a diversified range of capabilities in multi-asset, real assets, fixed income, equities and credit. The company operates and offers a range of insurance and saving products through strategic investments in Singapore, India and China. In India the company has partnered with Dabur Invest. Corp and in China with COFCO.