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Insurance Competitor Profile: LV=

  • January 2015
  • -
  • GlobalData
  • -
  • 31 pages

Summary

Table of Contents

Summary
LV= is one of the UK's largest insurers for personal lines general insurance, and is a growing player in the commercial space.


Synopsis
- Gain insight into how LV= is growing in this competitive environment.
- Benchmark LV='s performance against its competitors.

Reasons To Buy
- What is LV='s business strategy?
- What are LV='s strengths and weaknesses?
- What opportunities and challenges does the company face?

Key Highlights
LV='s strategy is based around serving multiple market segments, and is distributed through a variety of different channels.

LV= earns most of its revenue from personal motor insurance, but is beginning to diversify its revenues.

LV= will need to adjust to lower growth and reduce its dependence on personal motor insurance to ensure that profitability can be maintained in the future.

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