LV
LV expands Ipswich operation
LV is creating 50 new jobs as it expands its current operation in Ipswich which deals with car insurance queries.
Exercise Watermark set for insurer-specific rerun
The Association of British Insurers has confirmed Exercise Watermark, the government's emergency flood scenario run nationwide in March, will be re-enacted specifically for the insurance industry in August, in conjunction with the Cabinet Office.
LV in second IFB senior staff swoop
LV's counter-fraud division is on target to be 100-strong by the year end, 10 times the size of the start-up team that launched four years ago.
Hebburn and Hiscox among winners at first ever Claims Awards
Roy Hebburn, divisional claims manager (technical) at Allianz was handed the inaugural achievement award at last night’s Claims Awards ceremony.
Schemes: Scheming for success
Schemes business requires significant investment to make it work and underwriters are not prepared to tolerate poor profitability. But, as Jane Bernstein reports, the benefits are many and it remains attractive to brokers.
Broking supplement - Private motor: The drive to succeed
Aggregators, question marks over referral fees and a squeeze on margins are all challenging those in the intermediated personal lines space. But, as Leigh Jackson reports, it is not all doom and gloom.
Broking supplement - Commercial rates: A war of words
The soft commercial lines market has heated up recently, as insurers accuse each other of failing to put prices up. Rachel Gordon reports on this bitter war of words.
In series - first-party fraud: banging the drum
The industry is slowly changing public perceptions that insurance fraud is a victimless crime. Jane Bernstein looks at recent initiatives and asks what more the market can do in terms of prevention?
Brand building - advertising: channelling advertising opportunities
Television remains the most powerful tool in the advertising armoury of insurance companies — but they must adapt to changing view patterns and innovations to survive in the market, says Ralph Savage.
CSR & career development: LV backs kit scheme to help disadvantaged kids
A scheme to see that unwanted rugby and cricket kit is given to disadvantaged young people instead of going to waste is being supported by insurer LV.
Roundtable - Cloud computing: head in the clouds
The term 'cloud computing' is very much in vogue. Post gathered together technology and insurance industry experts to debate whether the industry is ready to seize the opportunities it can offer. Amy Ellis reports.
LV unveils motorists Iphone app
Insurer LV has launched an Iphone app allowing motorists to file accident reports remotely.
LV Group bounces back from 2009 loss
Mutual insurance, retirement and investment group LV has recorded a result after tax of £21.3m for 2010, following a loss of £172.2m in 2009.
In series - fraud: how essential is PR in the battle against fraud?
PR is essential when it comes to changing perceptions about the insurance industry. Rachel Gordon investigates how successfully this is being utilised in the long-term fight against fraud.
Penny Black's insurance week
Penny jetted off to Dublin last weekend with the aim of celebrating a glorious triumph of England's rugby boys over the Irish.
Interview - John O'Roarke: taking LV to the next stage
John O'Roarke has seen the highs and lows of a career in insurance. He talks to Daniel Dunkley about his journey to LV and his plans for the next stage in the firm's development.
Household: can no claims discounts be applied to household insurance?
With Axa set to offer no claims discounts to household customers, Amy Ellis reports on market reaction and whether others will follow suit.
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
John O’Roarke rules out LV commercial lines acquisitions
LV’s strategy for growth in the commercial market will not involve an acquisition - including NIG - according to the firm’s general insurance managing director John O’Roarke.
Interview - Jason Stockwood: A match made in heaven
Moving from the online dating world to insurance broking seems an unusual step. Jason Stockwood explains to Daniel Dunkley what he can bring to the sector.
Roundtable: Is there a cross industry solution to rebuilding costs?
The current approach to rebuilding costs can lead to both underinsurance and ill-suited reinsurance programmes. Post gathered together a host of industry figures to debate whether a cross-industry solution could be found. Leigh Jackson reports.
New rating factors needed after European gender ban
Insurers will have to look at additional rating factors now that gender is not an option, following the European Court of Justice ruling that a person's sex can no longer be used to calculate insurance premiums or annuity rates.
View from the top: an updating challenge
Much has changed during my time in the broker market, but the one thing that hasn’t is that insurers still need to get their car insurance rates to the broker software houses some six weeks in advance. It will then be a whole month before we can change…
LV profits soar beyond £30m for 2010
LV's general insurance arm has recorded a pre-tax profit of £35m for 2010 – a £33m increase on its prior year performance.