LV= News – Page 2
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NewsLV=GI secures IFB leader as new director of financial crime
The appointee has spent the last three years at the MIB in addition to leading the IFB
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NewsFraudulent car insurance fronting grows by 170% between March and May 2022 - LV= GI
To avoid any legal trouble, brokers should help parents understand how to reduce their children’s motor premiums
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NewsFlood Re reveals ‘Build Back Better’ scheme
Initial particpating insurers include NFU mutual, Aviva, Ageas, Lloyds Banking Group and LV= General Insurance
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NewsPre-inception loss fraud upticks by 156% - LV=GI
The easing of Covid-19 restrictions is also triggering increased activity from organised crime groups
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NewsShed and outbuilding home office thefts up 43% as lockdown eases – LV=GI
November and December 2021 saw the highest numbers of burglary-related claims, reported the insurer
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NewsLV=’s Mike Crane lands new role as insurance bureau chairman
Crane has ‘accepted the challenge’ to push the bureau to ‘evolve’, says chief executive
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NewsBain Capital’s takeover of LV= off the cards after member vote
The company’s board is ‘disappointed’ with the final verdict from members
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NewsEVs three times more likely to have wheel or tyre issues – LV=
The insurer’s research calms worries about range anxiety that EV drivers, insurers and brokers have
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NewsLV=GI and think tank make policy proposals to end property development on high risk floodplains
The insurer’s claims director says the firm’s latest research highlights a ’concerning amount of current and future development in high flood risk areas’
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NewsNew OIC data reveals only 1% of claims settled
The insurance industry largely welcomes the new Online Injury Claim portal, but it is still early days as the data reveals that 4,331 claimants are unrepresented
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NewsLV= committed to working with customers ahead of FCA’s fair value deadline
LV= Broker’s distribution and underwriting director says ’there’s likely to be quite a high level of disruption to market pricing and propositions’ following the implementation of the FCA’s pricing reform changes
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NewsAllianz Holdings’ 2021 half year results still showcasing Covid ‘ups and downs’
Chief exec compares fleet and pet insurance revenue figures to demonstrate pandemic impact
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NewsLV=GI boss has ‘never seen anything' as 'substantial' as FCA pricing reform
Preparing for the incoming regulation changes comes alongside “teething problems” with the Official Injury Claim portal, chief exec adds
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NewsAllianz Holdings GWP dips across all business areas in 2021’s H1
The insurer says it is still grappling with the ramifications of the Covid-19 pandemic – for example, it has made payments on 87% of its accepted business interruption claims
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