Jun 6, 2019
Aviva to slash 1,800 jobs in £300m a year cost-cutting plan
Aviva is to cut 1,800 jobs in an effort to save £300m of costs a year under new chief executive Maurice Tulloch. Mr Tulloch also confirmed plans to split Aviva's core UK business into two parts - general insurance and life insurance, reversing a 2017 decision to run the two businesses together. "Today's changes will begin to reduce complexity, cost and duplication, enabling Aviva to be better at serving our customers and delivering stronger results for our shareholders," said Mr Tulloch. The UK life insurance business will be led by Angela Darlington, who has been running the whole UK business since the departure of Andy Briggs in April. The UK general insurance business will be run by Colm Holmes, who held that position until he was appointed head of Aviva's Canadian business in January last year.
Make a complaint about Aviva by viewing their customer service contacts.