The latest product news from Aviva GCS;
Aviva’s Global, Corporate and Specialty (GCS) business has introduced its enhanced Freight Liability insurance to the market, with the updated product newly available on Acturis E-Trade and Fast Trade platforms. The updated proposition now offers greater flexibility to meet the evolving needs of brokers and clients. Key enhancements include increased cover limits, a broader range of conditions of carriage – offering greater flexibility for freight forwarders and hauliers – and the introduction of a lower-cost ‘economy’ cover.
These improvements form part of a wider digital transformation journey within Aviva’s Marine team, aimed at modernising Freight insurance and delivering faster, smarter solutions for the market.
Other key updates to the Freight Liability product include:
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Increased cover limits per tonne and per vehicle, with flexible options based on conditions of carriage and turnover – designed to better support a wider variety of business models and client risk needs.
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Expanded selection of conditions of carriage, including Logistics UK and The British International Freight Association (BIFA) for freight forwarders.
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New lower-cost ‘economy’ cover option for clients not involved in Theft Attractive Goods*, offering a more cost-effective solution.
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Optional Errors and Omissions cover available online, eliminating the need for referrals.
Alongside the product enhancement, Aviva’s Digital team also continues to grow, with the appointment of three new Marine Underwriters. This ongoing investment in talent and expertise means Aviva’s Marine team has more than doubled in size over the past seven years and now operates on a national scale.
These developments further support the strategic ambitions of Aviva’s GCS business, as it accelerates toward becoming a market-leading, dual-platform specialty insurer.
Chris Green, UK Marine Manager at Aviva, said:
“Marine insurance may be centuries old, but it shouldn’t stay stuck in the past. For years, brokers have asked for a digital Freight Liability solution that goes beyond the traditional 5–10 vehicle model. At Aviva, we’ve listened, and we’re committed to modernising how we trade and support our brokers and clients.
“We’ve invested in making our Cargo and Freight Liability propositions more accessible, flexible and responsive to today’s needs. That includes enhanced cover limits, broader carriage condition options, and a new lower cost ‘economy’ tier for clients not handling Theft Attractive Goods. We’ve also grown our team significantly to ensure we can support brokers with both digital and traditional trading. Now with one of the UK’s largest Cargo and Freight Liability underwriting teams behind us, we’re ready to help brokers trade their way – online or offline – with confidence and ease.”
Howard Potter, Head of Marine at Aviva, added:
“Aviva’s ambition is to lead the Marine insurance market by combining deep technical expertise with a clear understanding of what brokers and clients need. Alongside evolving our products, we’re transforming how we work, how we connect and how we deliver value.
“These exciting enhancements reflect our ongoing commitment to strengthening our Marine proposition and building a five-star digital trading experience. They help us set the standard in digital trading and make it easier than ever to do business with Aviva.
“These changes also support the broader strategic goals of Aviva’s Global, Corporate & Specialty business, as we accelerate toward becoming a market-leading, dual-platform specialty insurer.”
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