New health insurer plans to enter market later this year

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Business,Aviva,Vhi

Consumers look set to see more competition in the health insurance market with the backing by Aviva of a new joint venture led by former VHI boss Oliver Tattan.

Mr Tattan has set up a company called Douglasdale with former Aviva and Irish Life Health boss, Jim Dowdall, and health entrepreneur Stephen Loughman.

"Aviva is delighted to support the set-up of an exciting new health insurance business in Ireland," Declan O'Rourke, CEO of Aviva Insurance Ireland."This investment expands Aviva’s offering in Ireland to General, Life and Health Insurance and further demonstrates Aviva’s commitment to continue to grow in Ireland as a leading financial services provider.

VIVAS Health was later purchased by Hibernian Group in 2008 and became Aviva Health after new owner Aviva rebranded it.

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