Andy Briggs | |
---|---|
Born | March 1966 (age 58) |
Nationality | British |
Occupation(s) | Businessman Chief executive, Phoenix Group |
Andy Briggs MBE (born March 1966) is a British businessman and chief executive of Phoenix Group. [1] He previously served as the Aviva Chief Executive Officer UK Insurance and Global Life and Health as well as the Government Business Champion for Older Workers and NSPCC trustee. [2]
Briggs went to King Edward VI Grammar School, Chelmsford. [3] He has a BSc Honours in Mathematics and Actuarial studies from the University of Southampton. [4]
In 1987, Briggs started his career at Prudential as an actuarial trainee and stayed with the firm for nineteen years, becoming chief executive of the Prudential Group's Retirement Income business UK and Europe. [5] After leaving Prudential in 2006, he worked at Scottish Widows [6] [7] [8] and Lloyds Banking Group [9] before joining Friends Life as Group CEO [10] [11] [12] [13] Aviva acquired Friends Life in April 2015 [14] with Briggs becoming Chief Executive [15] of the UK and Ireland Life business. [16]
In January 2017, it was announced that Aviva would merge its UK life and general insurance businesses. [17] [18] As part of this, Briggs was announced as the new CEO UK Insurance. [19] He stood down from this role in April 2019. [20]
In November 2019, Phoenix Group announced that their current CEO Clive Bannister would be standing down, with Briggs was to be appointed as CEO subject to regulatory approval. [21] In February 2020, it was announced by Phoenix Group that Briggs had been appointed to the board of directors. [22]
Briggs was awarded an MBE in the 2021 new year honours. [23]
Briggs became chair of the Board of the Association of British Insurers in October 2016 for a two-year term. [24] At the Conservative Party conference on 4 October 2016 [25] his appointment as Government Business Champion for Older Workers with Business in the Community was announced. [26] [27] His role is to encourage other CEO's and business leaders to recruit the over -50's [28] [29] as well as addressing issues such as balancing work and care provision. [30]
In February 2017, he challenged UK businesses to increase the number of their workers aged 50–69 by 12% by 2022. [31] Some of the UK's largest companies, including Boots and the Co-Op [32] responded by pledging to act on Briggs’ challenge. [33] He also called on businesses to publish their data showing how many employees are over 50, with several including Barclays doing so in response. [34]
He has also been a long-term supporter of the NSPCC, having joined the NSPCC Fundraising Committee in 2006 and is the current committee chair. [35] In 2016 he became a trustee of the NSPCC. [36]
Briggs is married with four children. [3] He was awarded an MBE in the 2021 New Year Honours. [23]
Friends' Provident Insurance was a banking institution founded in 1832 to serve the needs of the Society of Friends (Quakers). Based in Bradford, Yorkshire, it concentrated on sickness and annuity policies until its life fund acquired Century Insurance in 1918, expanding into general insurance. The restriction to Quaker membership was an increasing constraint but the ties were substantially reduced by the Friends' Provident Institution Act 1915. Although Century's branch network enabled FPI to expand, the periodic underwriting losses strained the life fund's capital base and Century was sold in 1975. In the year 2000, Friends Provident demutualised and listed on the FT100 Index. After abortive takeover negotiations, Friends accepted a takeover bid from Resolution Limited in 2009.
Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management, lifetime mortgages, pensions, annuities, and life assurance. As of January 2020, it no longer provides general insurance following the sale of Legal & General Insurance to Allianz. It has operations in the United Kingdom and United States, with investment management businesses in the Gulf, Europe and Asia.
Aviva plc is a British multinational insurance company headquartered in London, England. It has about 19 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider. Aviva is also the second largest general insurer in Canada.
Prudential plc is a British-domiciled multinational insurance company headquartered in London and Hong Kong. It was founded in London in May 1848 to provide loans to professional and working people.
Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers throughout the United States and in over 40 other countries. In 2019, Prudential was the largest insurance provider in the United States with $815.1 billion in total assets.
Unum Group is an American insurance company headquartered in Chattanooga, Tennessee. Founded as Union Mutual in 1848 and known as UnumProvident from 1999-2007. The company is part of the Fortune 500. Unum Group was created by the 1999 merger of Unum Corporation and The Provident Companies and comprises four distinct businesses – Unum US, Unum UK, Unum Poland and Colonial Life. Its underwriting insurers include The Paul Revere Life Insurance Company and Provident Life and Accident Insurance Company.
Tidjane Thiam is an Ivorian and French businessman, and the executive chairman of Freedom Acquisition Corp. He was the chief executive officer (CEO) of Swiss bank Credit Suisse from March 2015 to February 2020. He was the chief financial officer of British banking group Prudential from 2007 to 2009, and then its CEO until 2015. In 2019, Thiam became a member of the International Olympic Committee (IOC).
Resolution plc was a UK insurance company headquartered in the City of London. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but was acquired by the Pearl Group in May 2008.
Sir Clive Cowdery is an English businessman and philanthropist who made a personal fortune in the insurance industry, founding two FTSE100 insurers and a third insurer which has deployed circa $5bn in capital with $90bn in assets, and has since donated large amounts to charity, including the Resolution Foundation which he founded in 2005.
Clark Preston Manning Jr. is an American actuary and business manager. He was president and CEO during 2002–2010 of Jackson National Life, an insurance company located in Lansing, Michigan. He also was on the board of directors of Prudential plc, during 2002–2010. He is chairman of the board of directors of PPM America, Inc., a subsidiary of Prudential plc.
Friends Life Group Limited was a Guernsey-incorporated investment vehicle which had the stated intent of forcing consolidation in the British life insurance industry. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by Aviva on 13 April 2015.
Gregory Mark Wood CBE has been at the helm of several financial services and technology start-ups, both in the UK and New York City.
The Royal London Mutual Insurance Society Limited, along with its subsidiaries, is the largest mutual insurer in the United Kingdom, with Group funds under management of over £150 billion. Group businesses provide around nine million policies and employ 4046 people, as of June 2019.
Mark Andrew Wilson is a New Zealand businessman, who was chief executive officer (CEO) of Aviva from 2013 to 2018.
Dame Alison Jane Carnwath is a British businesswoman, and former chairman of Land Securities.
RL360 Insurance Company Limited (RL360°) is an international offshore savings, protection and investment provider, headquartered in the Isle of Man serving clients in Asia, Africa, the Middle East, Europe, the UK and Latin America. It is part of the International Financial Group Limited ("IFGL").
Eileen Hayes MBE was a Scottish born author, magazine columnist, qualified family counsellor, frequent broadcaster on TV and radio and mother of four.
Evelyn Brigid Bourke is an Irish businesswoman. She is a non-executive board member of Bank of Ireland plc, Marks and Spencer. Admiral Group plc and of London First. She is also joining the board of AJ Bell plc from July 2021.
Dame Amanda Jayne Blanc is a Welsh businesswoman who has been the group chief executive officer of Aviva since July 2020. Aviva has 19.2 million customers across the UK, Ireland and Canada, £376 billion of group assets under management and 23,000 people.
Corebridge Financial is an American multinational financial services company. It provides annuities, life insurance, asset management, retirement planning, and other services. Corebridge was formed after AIG performed a spin-off of the company via an IPO in 2022.
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