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LV= appoints David Neave as non- executive director

Press release: 29/07/2013

Insurance, investment and retirement group LV= has appointed David Neave as a non-executive Director.

David brings over 30 years of experience of the general insurance industry, with a particular specialism in personal lines and technical expertise in a range of functions including underwriting, claims and partnerships.

In his role, David will join the LV= group board and will become Chairman of the Risk Committee and will also join the Audit and Nomination Committees.

David started his career at Royal Insurance, which merged with Sun Alliance in 1996, to become insurance group RSA. He held various roles including Underwriting Director and Managing Director of Corporate Partnerships, and Claims Services Director for the overall UK business. Most recently, and until earlier this year, he was Managing Director of General Insurance for the Co-operative Banking Group.

David has held a number of non-executive positions including Chairman of the Insurance Fraud Bureau. He was a Director of the Motor Insurance Bureau and a board member of the International Co-operative and Mutual Insurance Federation. He is also currently a Director of Parabis Ltd.
Commenting on the appointment, LV= Chairman, Mark Austen said: “We are delighted to welcome David to LV=. Not only has David got relevant insurance experience and leading insights into fraud prevention, he has also worked in the mutual sector, and I believe will play a key role in establishing LV= as the leading example of a sustainable mutual in the modern era.”
David added: “I am looking forward to working with Mark and the wider board to continue the LV= success story. The business is now a major player in many of its chosen markets and with my general insurance background I hope I can add value across a range of issues and challenges.”

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