UK insurer Norwich Union is set to axe up to 500 operations jobs at its York offices and transfer the work to third party suppliers.
Insurance group Aviva has sold its offshoring operations to Indian business process outsourcing (BPO) firm WNS in a £115 million cash deal.
Aviva Australia today announced new online technology that will enable advisers to set up pension accounts within 10 minutes and payments for their clients in as little as three days.
Insurance group Aviva is cutting up to 1800 operations roles at its UK-based Norwich Union business over the next two years.
Cable&Wireless Europe, Asia & US (EAU) today announced it has signed a new six-year contract with Aviva, the world's fifth largest insurance group, worth c.£300m.
Aviva Australia today announced that it has further enhanced its share trading functionality on the Navigator platform by allowing advisers to chose from a fully integrated panel of brokers, in addition to a default online broker.
Morley, one of the largest active asset managers in the UK has selected 4sight's Securities Finance software solution for its Securities Finance business.
Exstream Software, LLC announced today that Norwich Union Life has selected its Dialogue enterprise document automation software.
The UK's Financial Services Authority has fined insurer Norwich Union £1.26 million for failing to protect confidential customer data - including bank account information - from fraudsters.
CGI Group Inc. (TSX: GIB.A; NYSE: GIB), in collaboration with two of the largest insurers in the UK market, Norwich Union and Allianz Insurance, today announced the launch of an Account Reconciliation Centre (ARC), a flexible web-based tool that is set to make paper-based insurance account settlement a thing of the past.
© Finextra Research 2016