Aviva chief Maurice Tulloch has begun making good on his promise to return the insurer to the fundamentals of insurance and give customers the best possible experience with a shake-up of its senior management team.
Andy Briggs (pictured), chief executive officer of UK insurance, has been placed on gardening leave until October. He’s set to net a maximum of £2.8 million in salary, bonuses and long-term share payouts, depending on how the insurer performs in the future.
Current group chief risk officer Angela Darlington will take over as interim chief executive officer of UK insurance.
Tulloch commented: “Andy Briggs will be missed. Andy is a brilliant leader and a good friend. Aviva has benefited enormously from his extensive industry experience and his integrity and we wish him well for the future. I look forward to working with him during the transitionary period.”
Sir Adrian Montague, chairman of Aviva, added: “Andy has made a great contribution to Aviva’s business since he joined the group following the acquisition of Friends Life in 2015. On behalf of the board, I would like to pay particular tribute to Andy for his conduct throughout the process to select a new CEO and afterwards, and Andy will leave with our best wishes for his future career.”
Tulloch has also moved to bring more business unit leaders onto Aviva’s senior leadership team in a bid to broaden it.
Aviva Canada and Global Corporate & Speciality chief executive officer Colm Holmes, as well as the head of the insurer in France and the new leader of its European businesses, Patrick Dixneuf, will join the broadened senior leadership team.
Tulloch said: “These appointments are an important first step to bring greater energy, pace and commercial thinking to Aviva.”
As a result of the changes, Aviva will not fill Tulloch’s previous role. Before becoming chief executive officer of the insurer, he was in charge of international insurance.