LV Broker extends motor fleet coverage

Four Delta Motorsport E-4 Coupe sports cars at Silverstone

LV Broker has launched an enhanced motor fleet policy.

The new policy, developed in conjunction with a panel of brokers, includes full European cover and new car replacement cover for vehicles under a year old where the cost of repair is 50% of the vehicle’s replacement value or more.

Customers on the previous version of the policy will be moved to the new version on renewal.

Mike Crane, LV Broker commercial director, said: “We have worked with brokers over the past few months to develop this new policy and we are confident it has the right elements

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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