Saturday, June 22, 2024

Aviva makes new investments in innovation

Aviva, the UK’s leading insurer, today announces the appointment of Ben Luckett as Chief Innovation Officer.  For the past few years, Ben and his team have made great progress with Aviva Ventures, making strategic investments in early-stage businesses that have the potential to transform the insurance industry. Ben will now build on this to drive Aviva’s innovation agenda forward, developing customer-centric propositions.

Aviva further announces today it is expanding its investments in fintech and insurtech through a new collaboration with venture capital firm Anthemis.

Aviva aims to transform its customer experience through innovation. To support this goal Aviva, working with Anthemis, has committed to invest new capital in innovative companies that are advancing the digital transformation of the financial services sector. Anthemis will deploy capital on behalf of Aviva through various funds focused on early and growth stage investments in fintech and insurtech.

Ben Luckett, Chief Innovation Officer at Aviva*, comments: “We’re always looking for investments that create value for Aviva and our customers. Not just short-term financial gain, but investments that give us access to the latest technologies and the best insight. They help us shape our strategy, how we do business and how we meet our customers’ ever-changing needs.

“We are very pleased to strengthen our partnership with Anthemis and extend our access to fintech and insurtech start-ups. Anthemis is an exciting platform which gives us that strategic seat at the table. “Anthemis has a record of putting diversity and inclusion at the heart of its investment decisions, and we will work closely to ensure that all investment opportunities are evaluated with due regard to diversity and inclusion.”

Anthemis Founder and Chief Executive Officer Amy Nauiokas, said: “For over 10 years, Anthemis has sought to partner with individuals, companies and institutions that share in our mission to build a more resilient, representative and inclusive financial services ecosystem that functions in the service of our society.

“Our partnership with Aviva will allow us to extend our commitment to reshaping financial services with an increasingly diverse cohort of founders. A more representative financial services ecosystem is not possible without the support of large institutions, and so we are particularly encouraged to work alongside Aviva whose leadership is an embodiment of this.”

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