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Sunday 10th of May 2009

News Tag: Norwich Union

April 8, 2009

Brits cut spending to cope with recession

by David Masters
Brits cut spending to cope with recession
People in the UK are taking a prudent approach to finances during the recession, with new research showing that three in four households have become stricter with their spending. The study by Norwich Union revealed that the era of splashing the cash is over, and frugality is now in fashion. Forty four percent of those said they now set themselves a budget, ...

April 2, 2009

Aviva restructuring will see Norwich Union jobs cut

by Peter Charalambous
Norwich Union Life, the UK arm of the insurance business of Aviva PLC, said today that it will cut around 1,100 jobs in the UK, in order to make its operations more efficient. The announcement follows on from Aviva Chief Executive, Andrew Moss, saying that there will be a round of job cuts across insurance services and this view has ...

February 17, 2009

‘Sandwich generation’ caught between supporting parents and children

by David Masters
'Sandwich generation' caught between supporting parents and children
UK adults are increasingly feeling the need to offer their parents financial support, but are struggling to find the cash to do this. Research by Norwich Union found that two thirds (68%) of adults would like to help fund their parents' retirement, but are unable to do so because of their own financial situation. Nearly three quarters (72%) of those surveyed ...

January 16, 2009

Free contents insurance at Aviva and More Than

by David Masters
Two of the UK's biggest home insurance providers, Aviva (Norwich Union) and More Than, are offering free contents insurance to new buildings insurance customers. Aviva's offer gives up to £50,000 free contents cover to customers buying buildings and contents insurance together. The offer is available on all new policies, provided that customers have not made a buildings or contents insurance claim ...

June 9, 2008

1,800 jobs to go at Norwich Union

by Kay Murchie
Aviva is to cut up to 1,800 jobs at its Norwich Union business, as it looks to streamline its insurance operations. Britain's biggest insurer is to slash the administration jobs by 2010 as it reduces its customer service and back office centres for general insurance from 22 to 7. The company has pledged to try to find people other jobs ...

April 30, 2008

Aviva announces plans to dump Norwich Union brand

by Kay Murchie
Aviva has stunned the insurance sector by announcing it is to scrap the Norwich Union brand name. Norwich Union is the biggest life-insurer in the UK with a strong position in car insurance and has been one of the country's best-known financial services brands for over 200 years. Aviva's chief executive since last July, Andrew Moss, unveiled the plans and said ...