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Aviva

 
Hoover's Profile: Aviva Inc.
Contact Information
Aviva Inc.
6300 Cote-De-Liesse, Ste. 201
Saint-Laurent, Québec H4T 1E3, Canada
Tel. 514-331-3505
Toll Free 800-276-0038
Fax 514-339-5484

Type: Subsidiary
On the web: http://www.avivasolutions.com
Employees: 6

Aviva provides Windows-based host access, Web-to-host, and application integration software and services. The company's offerings allow applications operating on IBM mainframe, AS/400, UNIX, and Digital Equipment systems to be linked to desktop PCs, Web browsers, and mobile devices. Aviva's clientele is concentrated in the financial, health care, manufacturing, telecommunications, and transportation sectors; it also serves government agencies. Established in 1995, the company is a division of VisuaScan Inc. (formerly known as Scanpak), a Québec-based company involved in wireless networks, radio-frequency identification (RFID) devices, and bar-code systems.

Key numbers for fiscal year ending January, 2008:
Sales: $3.1M

Officers:
President and CEO: Valerio Lanzieri
VP Operations: Bernie Gordon
Director Finance and Administration: Nicole Rahbé

Competitors:
Attachmate
IBM Software
TIBCO Software

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Wikipedia: Aviva
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Aviva plc
Type Public (LSE: AV.)
Founded 2000
Headquarters London, United Kingdom
Key people Lord Sharman, Chairman
Andrew Moss, CEO
Industry Insurance
Products Life insurance
Pensions
Revenue £36,206m (2008)
Operating income £2,297m (2008)
Net income £(885)m (2008)
Employees 57,000 (2009)
Website www.aviva.com

Aviva plc (LSE: AV.) is a British insurance group, that is also the fifth largest in the world, the largest insurance group in the UK and the second-largest insurance group in Canada operating as Aviva Canada. It is one of the leading providers of life and pension products in Europe and has a presence in 28 countries worldwide, notably France and The Netherlands.

Aviva plc is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Contents

History

The Company was formerly called CGNU, and was created by a merger of Norwich Union and CGU plc[1] (itself created by the 1998 merger of Commercial Union and General Accident[2]) in 2000. The Aviva name was adopted in July 2002.

During March 2005 Aviva plc acquired the RAC plc breakdown recovery operation for around £1.1 billion.[3]

In July 2006, Aviva greatly increased its presence in the United States by acquiring AmerUs Group, a financial services company founded in 1896.[4]

The Company continued to use the Norwich Union name as a trading name until 1 June 2009 when it became formally known as Aviva within the United Kingdom. The launch was supported by a £9 million advertising campaign to promote the rebranding (one of the most expensive ever in the UK insurance field), with the participation of celebrities including Bruce Willis and Alice Cooper.[5]

In June 2009 the Company decided to dispose of Navigator, its Australian wealth management business, to National Australia Bank for A$825 million (£401 million); the acquisition is likely to complete in in the fourth quarter of 2009.[6]

In October 2009 the company decided to focus on its commercial insurance sector and demonstrate its commitment to brokers by launching their 'find a broker' facility, using the British Insurance Brokers Association search engine. To help them with this endeavour, Paul Whitehouse was recruited as played the part of a successful hairdresser running three salons. The message of the campaign focussed on business insurance through insurance brokers.[7] The closing line of the campaign was "We're in business to keep you in business".

Operations

The Company's main activities are general and life insurance as well as long-term savings and fund management. It has around £316 billion of assets under management.[8] The group has 54,000 employees, including just under 30,000 in the UK, serving 50 million customers worldwide.

Aviva was the first insurance company to become carbon neutral globally.[9]

Companies

  • United Kingdom - United Kingdom
    • Aviva Life - Pensions, investments, Life Insurance and long term savings (formerly Norwich Union)
    • Aviva Insurance - General Insurance
    • Aviva Investors - Fund Management (formerly Morley Fund Management)
    • RAC - Breakdown recovery
  • United States - United States of America - Aviva USA Corporation
  • Republic of Ireland - Ireland
  • Poland - Poland - Aviva
  • Netherlands - Netherlands - Delta Lloyd Groep
  • Canada - Canada - Aviva Canada
  • France - France - Eurofil
  • Republika Srpska - Republika Srpska - Jahorina Banka (cyrllic)
  • Australia - Australia
  • People's Republic of China - China - Aviva-Cofco
  • India - India - Aviva India
  • Malaysia - Malaysia - CIMB Aviva
  • Singapore - Singapore
  • Turkey - Turkey
  • Republic of China - Taiwan - First Aviva (in Chinese language)
  • Sri Lanka - Sri Lanka
  • Russia - Russia
  • Lithuania - Lithuania
  • Croatia - Croatia - Ariva Nava Banka
  • Italy - Italy - Aviva Italia Holding S.p.A.

Company name

The company name, Aviva, is a Hebrew name meaning Spring or Renewal (as in Tel Aviv)[10], though this is thought to be co-incidental.

Sponsorship

In May 2008 Aviva became Norwich City Football Club's main sponsor. Ironically, in a 2009 television advert starring Paul Whitehouse they feature a Plymouth Argyle F.C. fan who uses Aviva car insurance followed by a Green Army chant.[11] It also acquired the naming rights for the redeveloped Lansdowne Road stadium in Dublin, Ireland, and will now be called the Aviva Stadium.[12]

Senior management

CEO Richard Harvey retired on 11 July 2007. His successor was Andrew Moss, the former group finance director.[13] Moss is paid an annual base salary of £925,000 for his role as Chief Executive.[14]

References

External links


 
 

 

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Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Aviva" Read more

 

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