Aviva chief Andy Briggs named ABI chairman

Aviva chief Andy Briggs named ABI chairman

The Association of British Insurers will take on the chief executive of Aviva, Andy Briggs, as its next chairman.

Andy Briggs will replace Paul Evans, chief executive of Axa UK, who has completed his two-year term at the organisation.

Members of the ABI nominated Mr Briggs, who has been deputy chairman since November last year.

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He will start his new role as chairman in October.

Since joining Aviva in April 2015, Mr Briggs has led the firm through the acquisition of Friends Life, where he was group chief executive.

He has previously held executive roles at Scottish Widows, Lloyds Banking Group and Prudential.

Mr Briggs said: “The ABI plays an important role working closely with government, regulators and others to ensure that the industry promotes best practice, transparency and great value for customers.

“I believe that as an industry our unwavering focus should be to help customers think both about savings, so that they can enjoy a secure and prosperous retirement, and also to protect their families, businesses and belongings when the unexpected happens.”

Meanwhile, Paul Geddes, chief executive of the Direct Line Group, will become ABI deputy chairman, having previously worked as chief executive for RBS Group’s UK retail banking business.