Aviva and UBI Banca, the fifth largest banking group in Italy, today announce the renewal of their strategic partnership in the life insurance sector until the end of 2015. The contractual conditions of Aviva’s current agreements with UBI Banca will be unchanged.
Aviva’s partnership with UBI Banca involves the distribution of Aviva life insurance products through 1,151 branches of UBI Banca subsidiaries Banca Popolare Commercio and Industria, Banca Popolare di Bergamo, Banca Carime and Banca Popolare di Ancona.
Andrea Battista, Chief Executive of Aviva Italy, said: “The renewal of our partnership with UBI Banca testifies to the soundness and effectiveness of our agreements in the bancassurance field, together with our desire both to strengthen and to develop further our relations with UBI Banca Group”
Victor Massiah, the Chief Executive Officer of UBI Banca, said: “This agreement confirms the good performance of our business with Aviva and the stability of our industrial partnership, designed to supply products of high standing to our customers”.
Source : Aviva Press Release
