Aviva, one of the largest insurance companies in the UK, recently announced that it has selected Finova, a leading provider of equity release services, to provide platform services for its equity release business. This move marks a major milestone for both companies, as Aviva is now able to offer its customers a more comprehensive range of services and Finova is able to expand its presence in the UK market.
Equity release is a financial product that allows homeowners to access the equity in their home without having to sell it or take out a loan. It is becoming increasingly popular among retirees and other older homeowners who are looking for ways to supplement their income. Aviva’s decision to partner with Finova is a testament to the company’s commitment to providing its customers with the best possible service.
Finova provides a range of services that make it easier for customers to access their equity. These include online applications, automated valuation reports, and a secure online portal where customers can manage their equity release plans. The company also offers advice and support to customers throughout the process, ensuring that they are fully informed about the risks and benefits of equity release.
Aviva’s partnership with Finova will enable the company to provide its customers with a more comprehensive range of services. This includes access to Finova’s online platform, which makes it easier for customers to manage their equity release plans. In addition, Aviva will be able to offer its customers advice and support from Finova’s team of experienced professionals.
The partnership between Aviva and Finova is an important step forward for both companies. Aviva will be able to offer its customers a more comprehensive range of services, while Finova will be able to expand its presence in the UK market. This move is sure to benefit both companies as well as their customers, who will now have access to a more comprehensive range of equity release services.