Aviva Guides Brokers Through Online Mid-term Adjustments

Aviva guides brokers through online mid-term adjustments

Aviva, which recommends the use of its new self-serve tool when making mid-term adjustments (MTAs) on regionally traded commercial motor, has published a comprehensive guide for brokers. Launched in 2022, the digital solution also allows brokers to renew or lapse across motor and non-motor policies.

“We appreciate getting to grips with a new process can take some time,” Aviva tells brokers. “That’s why we’ve made the tool as simple and straightforward to use as possible. To help you along the journey, we’ve developed a new step-by-step guide you can save and use as a reference point for your next MTA, renewal, or lapse online.”

According to Aviva, the tool is now its preferred channel for such straightforward requests, with plans to expand its scope further.

“Being able to self-serve MTAs on regional commercial policies is just one of the examples of how we’re looking to enhance our digital and underwriting proposition,” said Aviva, the goals of which include giving underwriters more capacity to work with brokers on complex cases instead of spending time on simple requests.

Aviva’s guide can be accessed here.

RECENT NEWS

Geopolitics, Interest Rates, And Regulation: The Triple Threat To Insurance M&A

Global insurance mergers and acquisitions (M&A) plummeted to a 16-year low in 2024, marking a sharp decline in dealm... Read more

Web3 Risk And Regulation In Dubai: How OneInfinity Is Shaping The Future Of Digital Asset Insurance

Dubai has emerged as a global hub for Web3 innovation, attracting major players in the cryptocurrency, blockchain, and d... Read more

Dai-ichi Life's $9.7 Billion Insurance Deal: What It Means For The Industry

Dai-ichi Life Holdings Inc., one of Japan’s largest insurance groups, has made a strategic move to optimize its capita... Read more

Banking On Insurance: PAObank's Strategic Partnerships With PAHK And FWD Hong Kong

PAObank, a digital-first banking institution, has officially expanded into the insurance market after securing an insura... Read more

Profits On The Fast Lane: Admiral's Soaring Earnings And The Future Of UK Motor Insurance

Admiral, one of the UK’s largest motor insurance providers, has reported a staggering 90% increase in pre-tax profits,... Read more

Tesla Offers Insurance Subsidy In China To Boost Slowing Global Sales

Tesla is rolling out an insurance subsidy in China in an attempt to counter slowing global sales, as the company faces m... Read more