LV= reports protection sales increase

High levels of new business contribution experienced in 2015 were sustained through the first half of 2016 at £11 million (H1 2015 £11 million), the insurer reported. LV= is also continuing to roll out its Fastway quote and apply protection system, which will be available to all intermediaries by the end of the year. The insurer also launched a mobile first life insurance solution - QuickCover - which enables the purchase of life cover via a smartphone or tablet. Myles Rix, managing director of LV= told COVER: "I'm pleased with the first half results, it's a sliver of growth compar...