Mike Crane to step into LV= Broker MD role in January

Mike Crane will take over as LV= Broker managing director from 1 January 2016 - replacing Phil Bunker who will move to a non-executive advisory role at the insurer.

Crane joined LV= in 2008 to establish and lead the development of its commercial lines business.

Since July 2015, he has held the interim role of LV= Broker deputy managing director.

His replacement, Euros Jones, will join LV= Broker as commercial director in the first quarter of 2016.

Bunker said: “I have thoroughly enjoyed my time as MD of LV=’s broker business. It’s been a privilege to work with such exceptional teams who have a relentless focus on making our broker business the success it is today.

“Mike and I have been working closely to ensure a smooth transition. I wish Mike the greatest success in his new role and am very pleased to be able to hand over such a strong and successful management team and business.”

Crane added: “Leading LV= Broker is a fantastic opportunity and I am delighted to have been chosen for this role. Under Phil’s leadership the business has developed an excellent rapport with brokers and I intend to continue our focus on ensuring we are the industry’s insurer of choice.”