Aviva statement on the Fire Safety Reinsurance Facility
Authored by Aviva
Mark Dunham, Commercial Lines Chief Underwriting Officer at Aviva, said: “Aviva understands the difficulties faced by residents living in buildings with combustible cladding or other fire safety risks. In April 2021, we became the first major insurer to provide fairly priced insurance for existing and new customers living in buildings with combustible cladding. Since then, we have been offering capacity in line with that available from the Facility, by providing insurance up to the full rebuilding cost of the building. We welcome the additional capacity available in the market and are participating in the Fire Safety Reinsurance (‘McGill’) scheme.”
About Aviva
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.