by John Darer® CLU ChFC MSSC RSP CLTC
Aviva made a considerable expansion into the United States structured settlement annuity market in the late 1990s and early in The Millennium, initially through acquisition or mergers with CGU (itself a product of the marriage between Commercial Union and General Accident), Bankers Life of New York and AmerUs.
While it is possible that you have noticed that your or your client's check payor or EFT record on the bank statement has a different name, I'm here to help you by listing the various iterations of company names that have taken place to the Aviva structured settlement program. Please note that names are listed oldest to more recent
Annuity Issuers
CU Life Insurance Company of America
CGU Life Insurance Company
Aviva Life Insurance Company
Aviva Life and Annuity Company, Home Office: Des Moines, IA
Annuity Issuers (New York cases)
Commercial Union Life Insurance Company of New York
CGU Life Insurance Company of New York
CGNU Life Insurance Company
Aviva Life Insurance Company
Aviva Life and Annuity Company of New York, Home Office: Woodbury, NY
Assignment Companies/ Annuity Ownership
Commercial Union Annuity Service Corporation
CGU Annuity Service Corporation
CGNU London Annuity Service Corporation
Aviva London Assignment Corporation
Capital Maintenance Agreement
CGU International Insurance plc
Aviva International Insurance, plc
Postscript
In a deal that closed October 2013, Aviva sold its US operations to Athene.
Comments