LV
LV Q1 GWP slumps despite climbing policy numbers
Reductions in LV’s motor book have seen the insurer record increased policy numbers but falling gross written premium for Q1 on a year-on-year basis.
LV Broker secures Brightside online motor deal
LV Broker has completed a deal to offer its Highway car product to Brightside online customers, including affinity partners.
Claims Club News - 9 April 2014
All the news from Post’s Claims Club event on 9 April.
Broker networks: better together?
With major firms such as Aviva among those to sever their network ties, how can broker networks remain attractive to potential members?
LV Broker unveils new retailer covers
LV Broker has launched a new insurance product for retailers as part of a plan to expand in the SME market.
1-in-4 second hand tyres fail legal safety standards
A huge swathe of second hand tyres sold in the UK do not meet legal safety requirements according to figures from LV.
High-profile motor withdrawal touted after another tough year for the market
Analysts suggest further regulatory scrutiny could exacerbate sector’s troubles
LV boss O'Roarke targets home and commercial growth in 2014
LV will focus its efforts in 2014 on home and commercial insurance “where conditions are not so brutally competitive”, according to general insurance managing director John O’Roarke.
LV posts 31% drop in GI operating profit in 2013
LV’s general insurance business saw its operating profit slashed by 31% to £81m for 2013, amid falling premium income and a decline in investment returns.
Regulators urged to provide value for 24% increase in costs
Commentators suggest FCA should move outside capital.
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.