LV
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.
In series: Motor: Seeking subrogation solution
With the motor sector in agreement that the dysfunctional subrogation process is in need of repair, will Competition Commission action resolve the situation? And how can insurers help themselves?
Post Claims Club Blog: So who were the Claims Heroes and Villains of 2013?
Happy new year and welcome to 2014.
Market Moves: 9 January 2014
Ecclesiastical, LV, Ageas, Zurich and Torus are among the insurers recruiting this week, while Willis, and Arthur J Gallagher are the brokers making moves.
My Licence: Seal of approval
While the My Licence driver data-sharing initiative may have some obstacles to overcome, the industry consensus is that it should benefit all parties involved in motor insurance.
LV looks to Equity and NIG for underwriting appointments
LV Broker has strengthened its commercial underwriting team with two appointments.
LV investment boss Mayall departs
LV’s chief investment officer Wendy Mayall has left the insurer just over a year and a half after arriving.
ABC Home product launches on Berkley Alexander panel
LV Broker’s ABC home insurance product has been launched on the Berkley Alexander Quote & Buy panel.
Industry divided over Competition Commission’s motor recommendations
CC cost-cutting suggestions include banning credit hire referral fees
Review of the Year: General Insurance: A year of red tape
With the implementation of the Jackson reforms and the start of twin peaks regulation, reform and regulation dominated a mixed 2013 for the general insurance sector
New laws have done little to curb whiplash culture, LV says
More than half of Britons have been contacted by a claims company and encouraged to make a compensation claim for injuries in the six months since the implementation of litigation reforms in April, research from LV has found.
Credit hire portal set for 2014 launch as backers put faith in motor inquiry
Committee confident Competition Commission will draw ‘right conclusions’.
Insurance Technology Awards 2013: Winners announced
Post’s Insurance Technology Awards took place last night at the Royal Garden Hotel in London.
Trio of underwriters join Warrior as Hiscox bolsters casualty team
Hiscox has boosted its casualty team with the appointment of three underwriters with management liability experience to work with ex-Beazley D&O specialist Chris Warrior to build the US and international books of business.
Insurers hope for strike-out legislation after consultation on Summers review
Only two of 18 parties voice opposition to review in Law Commission consultation.