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VIVAS Health is changing its name to Hibernian Health, following its acquisition by Hibernian Group PLC/Aviva, which now owns 70% of the business. Allied Irish Banks PLC, with whom Hibernian has a strong relationship, retains its 30% equity stake in VIVAS Health.
This change will not affect VIVAS members’ policy in any way and is viewed as a positive move for members, who will benefit from the stronger competitive position of Hibernian Health.
Dick O’Driscoll, currently Managing Director of Hibernian General Insurance, will now take up a dual role and will be the Managing Director of VIVAS Health.
Commenting on the acquisition Mr O’Driscoll said, “Together we can achieve great results for members building on the track record of innovation pioneered by VIVAS Health and capitalising on Hibernian’s market leading position, size and reputation for trust. We look forward to giving a lot more consumers a better deal as we grow the business over the coming years.”
Acumen & Trust is an authorised intermediary for Hibernian Health, whose pioneering health insurance includes cover for innovative benefits such as health screening, 4D maternity scans and overseas procedures.
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