LV
Broking - Mergers & acquisitions: Do not disturb
2011 was a relatively sleepy year for merger & acquisition activity in the broker sector. Could 2012 be a wake-up call or will the market stay snoozing?
Employment: Hiring and firing
There are two sides to the recruitment story in the insurance industry — while some are reducing their headcount, others are looking to bring in fresh faces.
LV recruits for Bristol office
LV is recruiting 50 new staff for its Bristol office this quarter in a bid to expand its customer services division.
GPs reveal steep rise in patients with 'bogus' injuries
Medical professionals are witnessing a sharp rise in the number of patients attempting to make fraudulent claims, with 60% of GPs surveyed by LV reporting an increase unscrupulous activity relating to car accident injuries.
Mitie wins out in four-year repair tender with LV
Mitie has secured a four-year contract to manage and deliver building repair services valued at £20m with LV.
Market moves: New faces in the broker space
This week saw a flurry of moves in the broking sector, with both Lorica and Alan & Thomas brining in several new faces.
Expert analysis: Relatively calm
Although competition remains fierce in the aggregator arena, the rush for volume has slowed as the motor market moves closer to break-even point, says Tom Cooper, Igo4.
LV Broker makes double promotion
LV Broker has promoted Kevan Aubrey and Mark Campbell to the positions of head of commercial distribution and head of key commercial accounts respectively.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Claims - Big freeze: Winter of discontent
The big freeze of late 2010 led to widespread criticism of adjusters and insurers — but have lessons been learnt for the future?
LV GI boss O’Roarke and management team extend contract until 2016 with new deals
LV general insurance managing director John O’Roarke, is targeting an increase in SME and home insurance business having put pen to paper on a new four-year deal at the firm.
News analysis: Application fraud to top the agenda for motor insurers in 2012
The New Year’s resolution for many motor insurers is to tackle application fraud with the same force they have brought to bear on crash-for-cash fraudsters. “Staged motor accidents remain the top priority, but application fraud comes second,” according…
O’Roarke and LV management team extend contract until 2016 – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how LV general insurance MD John O’Roarke is targeting an increase in SME and home insurance business having signed up to a new four-year deal at the firm.
Market moves: ‘Tis the season for recruiting
As Christmas draws closer, the insurance industry has prepared for the New Year with a raft of appointments. In the broking market, there were moves for Aon and Willis, while Howden added three new faces to its team.
OFT accepts insurer commitment to limit data exchange
The OFT has accepted formal commitments from six insurance companies and two IT software and service providers to limit the data they exchange between them.
LV launches new travel insurance product
LV has created a new premium travel insurance policy designed for the modern holidaymaker and covering travellers for a range of scenarios that are excluded from many travel insurance policies on the market.
Penny Black’s insurance week
Pity Penny’s friend Jamie Marchant, Groupama’s marketing supremo.
Underwriting Service Awards 2011
The second annual Underwriting Service Awards ceremony took place at the Oval cricket ground, London, with more than 250 underwriters in attendance. The winners were determined by the feedback and views of intermediaries, who place risks on behalf of…
Market moves: Fresh faces for underwriters
As the industry heads into December, underwriting agencies and insurers lead the way in the job market. This week saw major moves at Chubb, More Than and Travelers, while Evolution, Arista and Ink all welcomed new staff. It was another slow week for…
Fire protection sprinklers: The market needs saturating
Despite research showing sprinklers significantly reduce economic damage and environmental impact following major fires, hopes for mandatory legislation remain low.
Moore joins Towergate as NED
Philip Moore, LV group finance director, has joined Towergate Insurance as a non-executive director and chair of the audit committee.
Bird named as interim IFB director
Motor Insurers’ Bureau head of customer services Phil Bird is “overseeing day to day operations” at the Insurance Fraud Bureau following the departure of director Glen Marr.
LV appoints senior underwriter in Maidstone
LV has appointed Anne Francis as senior underwriter for its Maidstone branch which looks after brokers across the South East and East Anglia.
Insurers warned over consequences of hiring unregulated investigators
A senior private investigator has warned that insurers face ruined reputations when hiring unregulated private investigators in the wake of the News of the World phone hacking scandal.