LV puts 140 people at risk of redundancy
Insurer proposes changes to its claims team, affecting people in its Bournemouth, Ipswich and Leeds offices.
LV has confirmed that 140 people have been put at risk of redundancy as a result of a restructure in its claims team.
The changes, as reported by the Bournemouth Echo, will affect people working in LV’s Bournemouth, Ipswich and Leeds offices.
According to the provider the move comes as a response to changes in the motor insurance industry and increasing customer expectations.
A total of 140 roles are currently involved in consultations, however the insurer noted that it aimed to redeploy the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insurer
Allianz UK updates mid-market wholesale and retail proposition
Allianz UK has promised a series of sector specific proposition updates across the rest of 2026, having refreshed its mid-market wholesale and retail offering.
Aviva targets £20m GWP plus opportunities with MGA fronting launch
Aviva has officially launched its new MGA hybrid fronting proposition through its dual platform Global Corporate & Specialty business.
The stats: Competition continues to drive down commercial premiums in Q2 2026
Commercial lines rates remained on a negative trajectory in the second quarter of the year across all classes of business covered in the Acturis Commercial Broking Index. Ida Axling investigates.
People Moves: 1 – 4 September 2026
Keep up to date with the latest personnel moves in insurance.
Allianz tipped to put in £5bn bid for the AA
Allianz has been circling the roadside assistance firm and Top 100 UK broker AA, setting the scene for a potential £5bn bid, recent reports have suggested.
Lloyd’s improves underwriting result but investment dip trims H1 profit
Lloyd’s cut its combined ratio to 90.8% in the first half of the year as gross written premium rose against a backdrop of market softening.
Martin aims for top corporate spot with Aviva Premier
Aviva leader Dave Martin explains why after expansion in digital, SME and mid-market, targeting top of the table in the corporate insurance space is the logical next step on the journey, and how its new proposition will deliver for the changing needs of brokers and clients.
Geo’s Renovation Underwriting speeds up for brokers
Private client renovation risks with a premium below £3,000 that meet the automatic approval criteria can now be priced and bound with immediate effect through Renovation Underwriting’s portal without needing manual underwriter review, the business has confirmed.