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Corporate Responsibility

Responsible business practice

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Responsible investment

We’ve partnered with Columbia Threadneedle Investments to manage the majority of our investments, and their approach ensures areas of corporate responsibility are included in the investment process. We empower them to make investment decisions on our behalf that are not solely based on financial performance, this means that when they look into investing in a company they also take Environmental, Social and Governance factors into consideration.

In addition they are one of the most highly regarded responsible investment managers in the UK and follow the United Nations backed Principles for Responsible Investment and are signatories to the UK stewardship code on corporate governance.

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Group surplus capital of £367 million*

*as at 31st December 2016 (Solvency II Standard Formula basis)

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LV= committed to pass on the cost savings of the chancellor's Autumn 2015 reform to end the right to cash on minor whiplash injuries

Influencing public policy

We believe we have a responsibility to engage with public policymakers, such as Government and Parliament, where public policy directly affects our business, members and customers. We also work closely with the Association of British Insurers and trade associations to shape industry wide responses to relevant public policy issues. From campaigning on the impact that fraudulent whiplash claims have on the cost of insurance to involvement in the Government’s Financial Advice Market Review , LV= seeks to share its views and influence where appropriate.


Tax has a significant impact on our business and we recognise our responsibility to manage this efficiently and appropriately. Our contribution to the UK Exchequer is significantly more than the UK corporation tax that we pay on profits. During 2016, through our operations and commercial activity, we have paid and collected taxes totalling £326 million (2015: £270 million).

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Total contribution to the UK Exchequer in 2016 from LV=: £326m
2015: £270m

Source for all statistics: LV= Annual Report for the year ended 31 December 2016.

Find out more about our Responsible business practice

An image of a PDF document Responsible business practice