Aviva Life & Pensions are proposing a major change to their Irish Life and pensions business. They are planning on transferring all existing policies of Aviva Life & pensions Ireland Limited (ALPI) to the irish Branch of Aviva Life and Pensions UK Limited another company within the Aviva Group.

As it currently stands Aviva are waiting on approval from the High Court in December, at which point the Irish branch of UKLAP will become the provider of your customers policies from 1st January 2015 and they will become responsible for the day to day administration and any benefits payable.

How will this impact customers?

1. All broker operations will remain in Ireland
2. All contact points will remain the same
3. Both transferring and new business may be covered by the UK Financial Services Compensation Scheme.

In conclusion there will be no fundamental changes to the administration and day to day operation of policies.