Aviva’s Global Corporate & Specialty (GCS) division has launched a consolidated client practice under the banner of “Real Estate & Construction,” merging its construction, latent defects, and real estate operations into a single framework. The transition moves away from the former “Property Investors” designation, introducing a coordinated strategy across pre-construction, active build, and post-completion phases.
As part of the changes, Aviva also extended its underwriting appetite to support sustainable construction through an expanded mass timber proposition. Clients using mass timber and engaging with Aviva’s risk management protocols can access lead-line coverage on both construction and latent defect policies. Coverage is also available for completed structures.
Aviva’s updated model supports whole-account underwriting, enabling early engagement with underwriters, engineers, and claims specialists. This structure is designed to provide continuity and transparency throughout the life of a project.
Matt Gordon, underwriting director for specialty & real estate at Aviva, said, “Aviva has long been a leader in the real estate and construction market, having pioneered latent defects insurance in the UK over 40 years ago. Today, that legacy remains central to how we support sustainable development, uniquely enabling us to engage at design stage, before building even begins,” Gordon said.
The new policy wording under the GCS Real Estate line includes provisions for sustainable reinstatement. This enables policyholders to make repairs in ways that lower future risk, and to upgrade energy performance features such as insulation or solar panel installations.
In addition to risk engineering and sustainability efforts, the unified Real Estate & Construction proposition is supported by Aviva’s UK Multinational Hub and broader global capabilities. Clients with cross-border or complex exposures can access insurance support in over 180 jurisdictions, with a maximum capacity of £2 billion.
Join our community of 200,000+ real estate leaders and get weekly insights and updates with our newsletter.
*Offer ends on Friday, 7th February.
