LV
Budget 2014: pension shakeup to open the door for general insurance players
Insurers’ share prices plummet following Chancellor’s annuity vow.
Claims Awards 2014 shortlist revealed
Insurers Ageas and LV lead the way in nominations for the 2014 Claims Awards with six and five respectively.
Personal lines brokers told to shore up data defences after Aviva breach
PRA and FCA expected to increase scrutiny of data protection systems.
Penny speed meets... Kevan Aubrey, head of commercial distribution, LV Broker
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Market Moves - 13 March 2014
Post takes a look at who has moved where in the insurance industry this week.
In Series: Data: Weeding out fraud
With organised fraud costing the insurance industry an estimated £392m a year, is increased use of data the key to winning the battle?
S&P upgrades LV outlook to reflect improved capital position
LV has seen its outlook boosted from ‘stable’ to ‘positive’ by ratings agency Standard & Poor’s.
Penny Black's Insurance Week - 6 March 2014
Penny has heard of pets looking like their owners, but pets named after their owner’s employer? That’s a new one.
LV Broker appoints Tim Rourke to pricing role
LV Broker has appointed Tim Rourke as its motor pricing head to grow the ABC and Highway motor books.
Insurers reject campaign to include previous premiums on renewal letters
Swiftcover is only firm in Which? survey to inform customers of last year’s price.
BIA Countdown: 20 years of personal lines insurance
As part of Post's countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to personal lines specialists who have experienced wins over the years, asking them how the industry has changed since the first BIAs in 1994.
Tulloch’s flood defence funding plan fails to generate industry support
Analysts say insurers are unwilling to invest in defences without clear returns.
300 000 car accidents staged since 2009
An estimated 300 000 car accidents were staged in the past five years equating to over 1000 every week, according to research by insurer LV.
ABI confident insurers will get behind its personal injury code of conduct
Code aims to combat perception of insurers exploiting PI claims.
LV CEO predicts 2014 motor recovery following £40m GWP drop
LV has recorded a £40m drop in general insurance gross written premium for the 12 months ended 31 December 2013 while total in-force policies grew by 300 000.
LV Broker recruits DLG underwriting manager
LV Broker has swooped for a Direct Line Group portfolio underwriting boss to serve as its new technical underwriting manager.
CII to engage LV, Admiral and Esure in retail standards scheme
The Chartered Insurance Institute will kick-start its retail standards initiative by asking senior executives at firms including LV, Admiral and Esure whether such a scheme is likely to generate industry-wide support.
C-Suite: Different expectations pose risk
The government and the industry are not on the same page when it comes to motor premium reductions.
LV Broker agrees motor partnership with Reach Financial Services
LV Broker has reached a £1m deal to offer its ABC and Highway products on the Reach Financial Services panel.
CII targets retail as insurance giants fail to meet Aldermanbury standard
Aviva and DLG among those that failed to meet the terms of the declaration.
Co-op ‘gets out of jail’ with refinancing deal to avoid selling GI business
Mutual was unlikely to find an acceptable value for unit.
Medical panels debate heats up as both sides angle for places in working group
Possible £5000 limit and funding by insurers among issues up for discussion.
LV's Venus promoted to head of broker services
LV Broker has made two new appointments to supports its planned growth in 2014.
Market Moves - 16 January 2014
Beazley and LV Broker were among the insurers making changes to personnel this week, while Towergate featured among the brokers making moves.