Insurance giant Aviva buys Lloyd's platform Probitas for £242m, returns to Lloyd's of London for global corporate and specialty business growth.

Insurance giant Aviva is returning to Lloyd's of London for the first time in over two decades after agreeing to buy Lloyd's insurance platform Probitas for £242m. The deal includes Probitas's fully-integrated Lloyd's platform and will help Aviva grow its global corporate and speciality business. This move comes as threats such as climate change and cybercrime boost demand for specialty insurance.

March 04, 2024
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