LV pulls out of broker-distributed home insurance
Decision follows consultation process started last November.
LV has confirmed it will stop writing broker-sourced home insurance business.
It will cease new business and renewals on its ABC Home products with effect from 1 April 2017.
The move followed a consultation first announced by the provider last November.
A spokesperson for the insurer stated that a limited number of staff, all based in Croydon, were affected by the decision and stressed that all had been met with and that discussions were ongoing.
Withdrawal
Mike Crane, managing director at
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