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AVIVA and HSBC tie up with a ten year super deal.

Monday 7th August 2017 09:59:53

HSBC and Aviva have agreed a ten year deal. 

 

The good news is that HSBC bank customers and investors will be able to buy home and travel insurance provided and ultimately underwritten by Aviva.

 

HSBC already have the mechanisms in place with their banking systems to be able to offer the policies. The tie up is reported to be one of the largest of its kind and will be good news for all involved. HSBC setting itself apart from the rest by being able to offer special deals to loyal banking customers and Aviva having access to provide their policies. 

 

Aviva are already celebrating after recording a massive profit for the first six months of 2017 with a whopping two hundred and thirteen million pounds. This is even more impressive when you consider that this is a substantial seven percent higher that 2016 figures.

 

So will this deal make the general public more likely to bank with HSBC and will it provide additional routes to market for Aviva. Only time will tell however we think that it is good news. With the underwriting giant and super heavy weight of Aviva and HSBC building ever closer ties it can only be good. We hope a positive move which will give consumers better choice and encourage a more competitive market place.

 

After all competition pushes everyone to be better. Better priced insurance and better service. 

 

 Would you see the HSBC and AVIVA deal as a positive move and would it tempt you why not get in touch and let us know what you think?

 

 

 

 

 

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