Aviva stops selling standalone travel product through brokers
Aviva chief distribution officer Phil Bayles says volumes were too low for the product to be commercially sustainable.
Aviva has stopped selling standard stand-alone annual Multi-Trip travel insurance policies through brokers.
The provider stated that it stopped selling the product as of 1 June this year, with renewals cease from 1 October 2017.
It added that it would contact all brokers currently selling the product before 1 October.
According to Phil Bayles, Aviva chief distribution officer, this decision was made because the “volumes are too low to make our stand-alone travel product commercially
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
- FCA warns insurers, again, on undervaluing total loss motor claims
- Ajay Mistry launches insurance broker