Aviva on expansion move

Aviva Life Insurance is in full swing with its expansion spree in Asia. Recently it acquired a majority stake for Rs 117 crore in Sri Lanka's insurer- Eagle Insurance Company, which is the third largest in Sri Lanka. Not only this, Aviva has plans to enter the pension sector too. For now, the company has already outsourced more than 5,000 jobs to India and plans to increase the number by a few thousands. Aviva has over 4,000 people servicing its clients through the three vendors EXL Services, WNS and 24/7 Customer. In a span of two years, the company intends to outsource 7,800 more jobs to India. Besides this, Aviva also outsources its IT operations to two Indian vendors, Tata Consultancy Services and Wipro.