Aviva

Type
Business expansion
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
100 jobs
Number of planned job creations
Job creation
Announcement Date
25 January 2005
Employment effect (start)
Foreseen end date

Description

An extra 100 sales advisers are to be installed in Royal Bank of Scotland and NatWest branches as Aviva attempts to boost sales through a joint venture with the Edinburgh-based bank. By taking the number of advisers up to 700, Aviva hopes it can derive more business through the Scottish bank's branches. For the first time the insurer - parent company of Norwich Union - made 50% of its new life and pensions sales from mainland Europe, where it has been growing rapidly both organically and through joint ventures with banking groups.

Sources

  • 26 January 2005: The Guardian

Citation

Eurofound (2005), Aviva, Business expansion in United Kingdom, factsheet number 61056, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61056.