Chief executive highlights competitive pricing as key

LV= posted healthy results this week, showing a 92% increase in general insurance GWP to £397.5m for the first six months of this year, from £206.5m for the same period last year.

Broker business exploded 902% to £192.4m from last year’s first-half result of £19.2m.

Chief executive John O’Roarke said the results put LV= ahead of its growth plan. He said the insurer had benefited from a “sweet spot” in its pricing.

“Our business is growing across all distribution channels. We are very competitive in terms of the business we want to write, at a time when many of our rivals are having to conserve capital.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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