Aviva’s integration with Probitas continues, as it launches five new classes in Lloyd’s 

  • New classes include Marine, Construction, Renewables, Contingency and M&A 
  • Significant expansion of London Market capability underscores Aviva’s ambition to become a leading dual-platform insurer 
  • Aviva underwriters now have dual stamp authority, helping it meet the needs of clients and brokers 

We are now offering five new lines of business, marking a milestone in our integration with Aviva. From 1 November, Probitas will begin quoting for five new classes of business – Marine (Cargo, Fine Art & Specie, and Ports & Terminals), Construction, Renewable Energy, Contingency/Event Cancellation, and Mergers & Acquisitions (M&A). 

This development marks a significant step in the strategic integration plan following Aviva’s acquisition of the business, which completed in July. Over the past few months, Aviva and Probitas have been working closely to leverage their combined strengths. This has included seconding 46 Aviva underwriters into Probitas to enhance underwriting capacity and support growth to deliver the 2025 Syndicate Business Forecast (SBF).  

The additional lines Aviva will now write in the Lloyd’s market helps to expand its Global, Corporate & Specialty (GCS) offering, bringing this to new markets and customers, as well as bolstering the Probitas offering with new underwriting capability.  

The five new classes will be available for quoting from 1 November and can be bound from 1 January 2025. For consistency, these lines will be written by Aviva’s existing underwriting leads who now have dual-stamp capability. 

Matt Washington, Managing Director, Global Corporate & Specialty at Aviva, said: “By introducing these new classes, we are not only expanding our product offering but also reinforcing our commitment to providing comprehensive solutions to our brokers and clients. These new lines are our first step towards expanding Aviva’s offering, bringing the full GCS proposition to Lloyd’s and there is more to come.” 

Aviva continues to assess opportunities over the coming months and plans to underwrite additional new lines of business through Probitas as it continues its integration. This broadens the product suite for brokers and helps Aviva towards its goal of becoming a leading dual-platform London Market insurer.