Aviva’s Winslow insists ‘we can do more’ to return broker service to pre-2019 levels

Adam Winslow

With rates continuing to rise, Adam Winslow, CEO of Aviva UK & Ireland general insurance has stressed that it can do more when helping brokers through the challenging market.

As previously reported by Insurance Age insurers have been burdened with extra claims costs in 2022 due to weather-related events. The most notable was Direct Line’s shock profit warning as it was hit with £90m worth of claims whilst Allianz’s drop in operating profit was not helped by its own £32m winter bill and Ageas estimated the December freeze cost it It €23m in the UK.

In January Aviva reported that weather-related events could cost the insurer around £50m, and today it reported another

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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