Aviva launches new commercial insurance solution

Product can be tailored to suit any business

Aviva launches new commercial insurance solution

Insurance News

By Lyle Adriano

To meet the ever-changing needs of business owners, Aviva Canada has rolled out a new P&C commercial insurance solution.

Flexibility is at the core of the new Aviva Enterprise solution – policies can be customized to suit any business, in any segment.

A release said that Aviva Enterprise can come up with the right insurance solutions for industries such as:

  • Automotive,

  • Builders’ risk and contractors,

  • Business and professional services,

  • Education and organizations,

  • Hospitality and lodging,

  • Manufacturing and wholesaling,

  • Realty,

  • Retail, and

  • Transportation and logistics

With the new commercial insurance solution, businesses no longer have to secure multiple policies, especially if they do business in different locations with varying operations. Aviva Enterprise puts all the operations on one property and casualty policy, allowing brokers to offer limits and extensions for different segments.

Additionally, Aviva said that the Enterprise policy language is transparent. The simplified policy language allows brokers to clearly explain coverages and limits to customers.

“Every business is different, so why have the same insurance product? Aviva has developed a new business insurance product that keeps moving you forward,” said Aviva Canada vice-president of commercial lines and reinsurance Mazdak Moini. “We’re pleased to offer our brokers a progressive product that better serves the needs of customers by anticipating their current needs, and being ready to respond to the evolving nature of businesses. That’s what the new Aviva Enterprise solution delivers.”

A release also noted that Aviva has broadened its property coverage with new progressive offerings, such as

  • Enhancements to building, equipment and premises,

  • Renewable energy equipment and sewers, utilities and equipment above and below ground to the property lines,

  • Expanding the liability territory to worldwide, and

  • Mental injury.

 

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