Aviva

Insurance firm Aviva has suffered an embarassing blow after more than half its shareholders voted against its proposals on executive pay at its annual general meeting today.

Aviva is introducing an excess healthcare trust option to its corporate private medical insurance offering.

The group life market may be in robust health, but it does face an array of conditions driving change. Edward Murray investigates the developments that lie in store over the next year.

Aviva's income protection cover provided payments totalling more than £29.5m in 2011, helping around 2,600 customers and paying out on over 91% of income protection claims in 2011.

Aviva is set to sponsor Norwich City Football Club for a further four years - the longest main sponsorship deal in the club's history.

Aviva group chief executive Andrew Moss has allegedly revealed that the firm may consider offers worth around £1bn for its US life assurance business, according to reports in the FT.

Private medical Insurers (PMI) have endorsed the Office of Fair Trading referring the UK healthcare market to the Competition Commission and said they will take an active part in investigations.

Adviser's use of company extranets for protection business may have peaked, research has found.

The world of financial adviser trade associations is currently in a state of flux.

Aviva has appointed Ian Ferguson to the role of chief underwriting officer for intermediary and partnerships with responsibility for driving the focus on underwriting across the broker channel whilst delivering profitable growth.