The agreement follows a competitive tender process and reflects the success of Aviva and TSB’s existing partnership, announced in 2015.
The renewed partnership will run to August 2028. It supports both Aviva’s and TSB’s simplification and digitisation strategies. It also reinforces Aviva’s strong distribution relationships and maintains the insurer’s number one position in the UK bancassurance market.
Jon Marsh, Managing Director, Partnerships, Aviva, said: “I am delighted that we have renewed our partnership with TSB, which builds on our successful seven-year partnership. This extension underlines our joint, ongoing commitment to provide quality, affordable insurance solutions to help TSB customers protect their homes and enjoy their holidays.
“Extending this important partnership with TSB supports our strategy of continuing to lead in UK bancassurance and highlights the quality of Aviva’s offering in this area.”
Ian Ramsden, Director of Customer Borrowing and Insurance, TSB, said: “This partnership has already delivered flexible products and peace of mind for TSB customers for seven years. I am pleased that our customers will continue to benefit from our partnership with Aviva.”
Motor Insurance and Compensation Culture, Fraud and Data
New research from Aviva shows that over half (58%) of men rated their physical health as good or higher.
Wealth & Retirement newsThe Aviva Working Lives Report 2024: Working for the Future which was published today, is the third consecutive annual in-depth investigation into employer and employee attitudes to the workplace, finances, wellbeing, and planning for retirement.
Our Workplace newsMore than half (58%) of UK adults are going on holiday this summer - the majority estimate it will cost them almost £2,000 on average per person, new research from Aviva shows.
Motor, home & travel newsNew research from Aviva reveals that almost one in seven motorists have had an incident abroad with over one in ten experiencing a collision while driving overseas, and a further 5% admitting to receiving a fine.
Sustainability newsAviva’s exposure management capability has been boosted after the insurer started partnering with Symfos and using its exposure management software, Orchestra, to visualise risks and automate data processing.
Motor, home & travel newsWith summer holidays around the corner, new research by Aviva reveals the dangerous mistakes some motorists are making when behind the wheel.
Financial newsAviva plc today announces that, following receipt of all necessary approvals, it has completed the acquisition of Probitas Holdings (Bermuda) Limited for consideration of £249 million.
Wealth & Retirement newsMore than £1.5 million has so far been raised to establish and run a new education and community space, offering children and young people of Westfield fair access to new opportunities.
Motor, home & travel newsWith millions of Brits set to travel abroad this summer, Aviva claims data reveals the costly medical bills that travellers could face when jetting away.
Wealth & Retirement newsAviva has today announced the completion of a £165 million bulk purchase annuity full scheme buy-in with The Sibelco UK Occupational Pension Scheme.
