LV= acquires Highway
Liverpool Victoria (LV=) has completed its acquisition of Highway Insurance. The acquisition, which includes Highway Insurance and Hero Insurance Services, will expand LV=’s general insurance division.
Highway will be incorporated into LV=’s general insurance business, led by John O’Roarke. Phil Bunker, managing director of ABC Insurance, will oversee the group while Highway’s current managing director will retain his role and will report to Mr Bunker.
Andrew Gibson, Highway’s chief executive, will stay on in an advisory capacity until the end of the year.
Mr O’Roarke said, “We intend to keep the Highway brand as it is and run this alongside ABC Insurance, our existing broker brand. This will
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