Aviva Insurance Limited is one of the UK’s leading insurance companies, part of the Aviva group with 34 million customers Worldwide. Aviva Insurance has been in the insurance business for more than 300 years. In UK commercial, the insurance market remains challenging for insurance brokers and customers, due to the ongoing economic conditions. Aviva Insurance are focusing on improving our processes to ensure Aviva provide commercial customers with insurance cover at an acceptable price. Insurance brokers also recognised our excellent customer service by voting us Insurance Times General Insurer of the Year in 2012, for the second year running. youTalk-insurance sharing Aviva insurance news and video.
Aviva considers all the regulatory and legislative changes announced in 2017
This year there’s been many regulatory and legislative changes or updates - to support you Aviva has issued a variety of communications on these to keep you one step ahead - now, and for the future.
Here are the main regulatory and legislative stories from this year;
- Smarter Communications
- Changes to the Compulsory Insurance minimum limit for Third Party Property Damage
- Increased penalties for using your phone while driving
- The Insurance Distribution Directive (IDD)
- Insurance Premium Tax (IPT) rate change on 1 June 2017
- General Data Protection Regulation (GDPR) – what is it?
- MG11 Statements Update
- Financial Sanctions – Updated guide for US sanctions
- FCA guidance - outsourcing and incentives
- Insurance Distribution Directive Update
Look out for new information coming in the new year on GDPR and IDD.
For more help with regulation and legislation and to find out what’s set to change, when it might happen as well as what that means for your business, visit Aviva’s Industry and Regulation Zone. Here you have access to facts, top tips, guidance and insight to keep you one step ahead - now, and for the future.
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