Video: New Aegon CEO on stepping into Otto's shoes

Scott Sinclair
clock

Adrian Grace, the new chief executive of Aegon UK, discusses filling Otto Thoresen's shoes, the insurer's platform tie-up with Novia and a commitment to the intermediary market.

The former chief operating officer at Aegon replaced Thoresen, who has taken on the role of director general at the ABI, last month. Aegon expects to complete an £80m cost-cutting exercise, which has affected hundreds of jobs and included a consolidation of its sales centres, by the end of the year. "Then we will be able to turn the business over to the growth story," Grace says. In an interview with IFAonline, Grace also discusses the insurer's recent tie-up with Novia and pledged a continuing commitment to the intermediary market.  

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Let's talk 'triple shock': Why the protection gap starts with three dangerous assumptions

Let's talk 'triple shock': Why the protection gap starts with three dangerous assumptions

Three assumptions keeping the protection gap alive

Graham Singleton
clock 28 July 2026 • 5 min read
 'The protection gap will not close itself, and now there are no excuses'

'The protection gap will not close itself, and now there are no excuses'

'Let’s work together'

Paul Yates
clock 21 July 2026 • 3 min read
Price comparison impacting consumer understanding

Price comparison impacting consumer understanding

BIBA, ABI and Fairer Finance

Cameron Roberts
clock 25 June 2026 • 2 min read