John O’Roarke rules out LV commercial lines acquisitions
LV’s strategy for growth in the commercial market will not involve an acquisition - including NIG - according to the firm’s general insurance managing director John O’Roarke.
In March 2010, Mike Crane, LV’s commercial director, told Post the insurer would be seeking £250m GWP across its commercial lines division.
At its 2010 results, the firm recorded approximately £108m
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