While Aviva Group companies have only been operating in Lithuania since the Millennium, growth has been rapid and a bright future seems assured.
In November, Commercial Union Poland launches a life insurance subsidiary in neighbouring Lithuania. The new company is under the management of the Commercial Union brand UAB Commercial Union Lietuva Gyvybes Draudimas.
In September, the company launches government-sponsored private pensions. By now it is a market-leader in the life and pension market.
The company now has eleven branches and sales offices in major Lithuanian cities. Most of its business comes from a sales force of 500 insurance consultants.