Find out more www.altus.co.uk +44 (0)1225 438 000 enquiries@altus.co.uk Case Study: LV= General Insurance Insurer Hosted Pricing KEY METRICS (END 2015) • 4.6 million policies • £1.47 billion GWP • 3700 emp lo y ee s • 96.1% Combined Operating Ratio (COR) BACKGROUND Against the backdrop of a significant transformation programme introducing a new insurance technology stack, LV= took the opportunity to radically transform their approach to pricing too. The transformation would entail a move from the traditional model of distributing rates to broker software houses and aggregators, to a strategic model of Insurer Hosted Pricing. The rating engine also needed to support the call centre and LV= website channels, adding to the complexity of the challenge. LV= operates predominant

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