Aviva

Aviva plc is a British multinational insurance company and a leader in the UK financial services sector, committing itself to climate action, building stronger communities, and sustainability in business. The company excels in a diversified business model, comprehensively covering different aspects of financial services, and by the year 2023, Aviva acquired AI G's UK protection business, exited Singlife joint venture, and presented impressive half-year results. Aviva is headed by Group CEO, Amanda Blanc, who emphasizes the company's motto of delivering customer centricity, growth, efficiency, and sustainability, which is seen in the increase in operational momentum, delivering growth, and yielding dividends for shareholders despite a challenging macro-economic backdrop.

Aviva provides service to over 18 million customers, with 16 million in the UK alone. It has helped these customers navigate through the COVID crisis by committing £128 million to the COVID Health Pledge, and ensuring transparency and accountability by returning the increased interest in pot back to the customers who have cash balances on their platforms. It has streamlined its IT platform, invested more in technology, and reduced its property footprint for efficiency, achieving its cost reduction target of £750 million a year ahead of schedule. The company also achieved 100% of its global energy usage from renewable sources three years early, underscoring its commitment to sustainability. Aviva has also been involved in various innovative accomplishments, such as the development of Aviva Zero, a digitally led carbon-conscious motor product, and buying Succession Wealth to secure positive flows onto the Aviva platform.

Choosing to engage as a customer or investor with Aviva promises a well-run business with a sustainable approach to its operations. Aviva’s commitment to its customers, growth, and efficiency, alongside generating regular and sustainable returns of capital to its shareholders, makes it an appealing choice for individuals and corporations alike. In a world where it is becoming increasingly crucial for businesses to operate sustainably, Aviva has taken a proactive approach to ensure that it is not just delivering strong financial results but also contributing to the betterment of our society and the environment.

Connect