Insurance Post

Aviva major acquisition spree 'unlikely'

david mcmillan aviva

Major acquisitions to fast-track the creation of a multi-brand general insurance strategy for Aviva are unlikely, despite the £600m windfall set to be secured from last week's sale of roadside assistance provider RAC, according to analyst Eamonn Flanagan.

Aviva UK GI chief executive David McMillan has confirmed additional stand-alone brands could well follow next month's planned launch of a low-cost, online-only brand.

But he would not be drawn on how

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