New protection MD at LV=

New protection MD at LV=

LV= has appointed Iain Clark managing director of protection.

Clark has 24 years' experience in the protection market and joins LV= from Legal & General where he was sales director of the insurer's IFA protection business.

He joins Mark Jones, LV=’s head of protection product, who joined from Friends Provident in December 2009; and Mike Farrell, LV=’s head of protection sales who joined from Royal Liver in November 2010. Both will report into Clark.

This week LV= reported a 16% increase in protection business for the first half of the year.