LV= reports protection sales increase
LV= has reported that new business sales are up slightly at £146 million (H1 2015 £144 million) in its interim results for the six months ending 30 June 2016.
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...
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