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Catch up with the latest press releases from LV=

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LV= appoints Mark Laidlaw as Chief Actuary

Press release: 28/06/2012

Insurance, investment and retirement group LV= has appointed Mark Laidlaw as Chief Actuary. Mark was previously Executive Vice President for Solvency II for AEGON based in The Hague.

In his new role Mark will head up the actuarial function for LV= and oversee actuarial pricing and reporting plus the framework, standards and polices for actuarial reserving across the group and its subsidiaries. He will be accountable for ensuring the fitness and appropriateness of actuarial processes for the group including the integrity of the actuarial models to meet regulatory requirements. He will head up a team of 45 and will continue to build and develop our actuarial function to be best in class.

Working with the Group Chief Investment Officer, Mark and his team will additionally be responsible for ensuring our excellent with-profits performance continues into the future and our members continue to receive market-leading returns. He will report into Philip Moore, Group Finance Director.

Mark worked in a variety of roles at AEGON (in the UK and at their corporate headquarters in The Hague) over a 20 year period. In his most recent role he managed AEGON’s global Solvency II programme overseeing a project team of 130. Previously he held a number of roles in AEGON's UK business include Chief Risk Officer, Chief Financial Officer and Director for Shareholder Value, looking after all financial aspects of AEGON’s M&A activity.

Commenting on the appointment, Phillip Moore said: "We are delighted Mark is joining our actuarial team at LV=. We wanted someone with strong leadership experience and a background in heading up projects dealing with the changing regulation landscape."

About LV=

LV= employs 5,000 people and serves over five million customers with a range of financial products. We are the UK's largest friendly society and a leading financial mutual.

When we started in 1843 our goal was to give financial security to more than just a privileged few and for many decades we were most commonly associated with providing a method of saving to people of modest means. Today we follow a similar purpose, helping people to protect and provide for the things they love, although on a much larger scale and through a wide range of financial services including insurance, investment and retirement products.

We offer our services direct to consumers, as well as through IFAs and brokers, and through strategic partnerships with organisations such as ASDA, Nationwide Building Society and a range of trades unions.

LVFS is authorised and regulated by the Financial Services Authority, register number 110035. LVFS is a member of the ABI, the AFM and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.