ong-term business is carried out through a subsidiary, Aviva Life Holdings Ireland Limited (ALHI), which is 75% owned by Aviva and 25% owned by Allied Irish Bank (AIB). ALHI holds four subsidiaries, one of which is Ark Life Assurance Company Limited, which carries out bancassurance business via a distribution agreement with AIB. In the United Kingdom, the company provides a product range focused on both the consumer and corporate market with an approximate 70:30 split. The pensions and `at retirement’ products the company offers include stakeholder and personal pensions, equity release, annuities, income drawdown and with-profits products. Its annuity offerings include immediate life, enhanced, fixed-term annuities and with-profits pension annuities. The company provides various traditional life insurance products, including level-term, decreasing-term (with or without critical illness), guaranteed whole life insurance, and guaranteed lifelong protection plans. Its savings and investment products include ISAs, investment bonds, funds, base rate trackers, investments with guarantees and with-profits products. In Ireland, the company’s long-term insurance and savings business offers a range of protection, bonds, savings and pension products. Its protection products include life insurance, mortgage protection, specified illness and guaranteed and whole life cover products. The pension range covers retirement and investment products, including government personal retirement savings accounts schemes. Distribution: The company has a multi-distribution strategy, which means it sells its products through intermediaries, corporate partners, in the workplace, and directly to customers. In 2012, in the United Kingdom, the company agreed an exclusive distribution deal with Tesco for the sale of protection products, following the extension of its distribution agreements with Santander and Barclays in 2011. The company also provides choice to the Royal Bank of Scotland and other organizations, including the Post Office. United Kingdom & Ireland General Insurance The company operates as a general insurer in both the United Kingdom and Ireland. It focuses on personal and commercial insurance. In Ireland, the company offers general insurance and health insurance. The company provides a range of general insurance products both in the United Kingdom and Ireland. Its United Kingdom personal products include motor, home and travel insurance. Its United Kingdom commercial products include motor, property and liability insurance for small and medium size enterprises and the United Kingdom Corporate and Speciality Risks market. In Ireland the company’s products include property, motor, travel, farm and business insurance and its health insurance business provides products for both the personal and company sector. The company’s personal products are sold directly to customers over the phone and through its Websites www.aviva.co.uk, www.aviva.ie and www.quotemehappy.com, via brokers and through corporate partnerships. Its Quotemehappy insurance products are also available through price comparison Websites. France Aviva France SA operates through two main companies: Aviva Vie and Antarius (JV structure with Credit Du Nord). Aviva France SA’s strategy is to continue to diversify and grow its business profitability. Aviva France SA provides a range of insurance solutions: life and long-term savings, general insurance and asset management through Aviva Investors France. The products sold through the company’s life channel are long-term savings, pensions and regular premium products and a range of protection products, primarily for individuals, and with a focus on the unit-linked market. The company has a longstanding relationship with the Association Française d’Epargne et de Retraite (AFER) to manufacture and distribute the AFER savings product. In the general insurance market its product range includes household, motor, health and legal protection products and also a range of insurance products for farms, craftsmen, tradesmen and small to medium sized entities and specific products for building firms and motor fleets.
aviva plc (AV/:London Stock Exchange)
London, EC3P 3DQ
Phone: 44 20 7283 2000
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To contact AVIVA PLC, please visit www.aviva.com. Company data is provided by Capital IQ. Please use this form to report any data issues.