LV= Broker launches online cover notes

LV= Broker is providing commercial lines brokers with online cover notes they can download and print.

The new service, launching today, will initially be available for fleet policies, with further product lines being added to the service over the coming months.

The downloadable cover notes will be available through the LV= Broker portal. Brokers will also be able to extend existing cover notes through the service without having to re-key information.

LV= said the new service will reduce the need for additional auditing, as all the information will be recorded online through the LV= Broker portal.

LV= Broker commercial lines director Mike Crane said: “We want to make it as easy as possible for brokers to do business with us. Our broker partners tell us that they want to trade more online and we are investing heavily in our e-trading capabilities to deliver this.

“The new online cover note facility will significantly reduce the time brokers spend on admin and auditing, freeing them up to focus on their business.”