LV
ABI Motor 2011: Telematics is the biggest challenge facing aggregators
Speaking at the Association of British Insurers Motor Conference on what the future face of distribution looks like, Tom Cooper, pictured, executive director at Igo4, said that within 15 years we could have a market where everyone is rated on a…
Targeting young drivers pushes more insurers to switch to telematics
Co-operative Insurance is “on track” to have 10 000 customers signed up to its young driver telematics product, as Direct Line announces it too is targeting a pilot at this demographic.
Penny Black’s insurance week
After Penny’s crash course in liability with Aviva, she felt an appointment to the Health and Safety Executive was in order.
Esure broking boss vows to prioritise fraud
The managing director overseeing the launch of Esure’s two new broking brands has vowed to make clamping down on fraud a priority issue, after outlining a list of crime-cutting measures.
Market moves: Insurers move for senior staff
For the second week running insurers were the major movers and shakers, with Ecclesiastical recruiting a managing director for Ireland, Aviva adding to its executive team, and NIG expanding its presence in London. In broking, Willis continued to make…
Rok - one year on: Bearing up after Rok
When Rok went into administration, insurers had to respond rapidly. One year on, how are they coping and what lessons have they learned?
LV fills insurance void in Exeter
LV Broker plans to pick up where Aviva and NIG left off in Exeter by doubling its commercial book of business in Devonshire over the next four years.
LV announces senior underwriting appointment
LV Broker has appointed Tom Maughan as a senior underwriter for its Bournemouth branch, which looks after brokers in Dorset, Hampshire, West Sussex, the Isle of Wight and the Channel Islands.
Career development news: LV creates 150 jobs
LV has created 150 new roles with the expansion of its office in Brentwood. The site already employs 200 people and, with plans to enlarge its claims division, the insurer expects to add 45 new staff before the end of the year.
Market moves: All change at Zurich and Willis
Following a slow period, large insurers made a number of key appointments this week, including major moves at Zurich, Allianz and RSA.
Rating factors - Age: Age-old dilemma
After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?
LV gets first S&P rating
Standard & Poor’s has assigned BBB+ ratings to LV and Highway insurance - the core operating entities of Liverpool Victoria Friendly Society.
LV snaps up ex-Chartis boss
LV has appointed former Chartis boss Kevin Wildman as branch manager for its Exeter office.
My best 11 Paul Muir, One Answer Network
One Answer Network managing director, and possible Crystal Palace fan, Paul Muir selects this week’s Best XI for a potential insurance start-up firm. Muir has chosen a blend of underwriters and brokers as well as football icon David Beckham to skipper…
Penny speed meets... John O’Roarke, MD of general insurance, LV
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…
Keoghs calls for law reform on fraudulent claims
Law firm Keoghs, which helped LV= secure a conviction against a personal injury fraudster, has called for legislative reform to deter criminals seeking damages.
BIS 2011: Warning over reliability of public information
“It is a danger to rely on publicly available information” the insurance industry has been warned.
View from the top: It’s no accident
The number of claims for accidental damage has fallen sharply in the past few years, which has far-reaching implications for the motor insurance, body shop and vehicle recovery sectors alike.
Expert analysis - aggregators: Mixing things up
Softening motor rates, more movement between best-price brands and augmented ancillary income emerge as aggregator themes
LV fraud boss issues warning as family receive jail time
The head of financial crime at LV insists that fraudulent claims are a growing problem for insurers, after a company investigation which resulted in a family of three being jailed for a combined 12 months.
BIS 2011: Industry warned over reliance on internet for information
“It is a danger to rely on publicly available information” the insurance industry has been warned by Ashwin Mistry, chairman of Brokerbility.
Neave rebuts IFB ‘revolving door’ claims
Insurance Fraud Bureau chairman David Neave insists there is no “revolving door” problem at the industry anti-fraud co-ordinator, after Glen Marr announced he was stepping down from the director role after just over a year.
Law firm mergers: Transforming the legal landscape
Insurer demands for scale and scope plus the emergence of Alternative Business Structures are fuelling the fires of law firm consolidation.
Top 100 UK insurers supplement: Steadying the ship
After a tough 2009, the top insurers have managed to maintain GWP levels in 2010 but snapping at their heels are a few new entrants doing their best to prove there is still money to be made in general insurance.