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Catch up with the latest press releases from LV=

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LV= broker agrees five year deal with Towergate Underwriting

Press release: 20/07/2015

LV= Broker has joined Towergate Underwriting's home syndicate alongside Allianz. The agreement started on 1 July 2015 and will run for an initial term of five years.

Towergate Underwriting, part of the Towergate Group is one of the UK's leading providers of specialist insurance products and LV= Broker will provide capacity for their standard home risks. During the five years, the deal is expected to be worth over £110 million in GWP.

LV= Broker was selected due to its financial strength, proven capability within the home insurance market and a clear cultural alignment with both Towergate and Allianz in providing strong and secure insurance solutions for customers. LV= has worked with Towergate on personal lines private car, specialist and van since 2008 and this new deal serves to further strengthen the two companies' relationship.

We're delighted to be recognised by Towergate for our expertise in home insurance and we're proud to support them alongside Allianz. Home is an area in which we see significant growth opportunities and this is a further step towards achieving our ambitions.

Michael Lawrence, Personal Lines Director at LV= Broker

This long-term commitment to our relationship with LV= Broker is testament to a mutual determination in providing reassuring quality and quantity of home insurance products to brokers. In this competitive market, we will work with both LV= Broker and Allianz to lead in both customer service and risk advice. We are once again delighted to announce further collaboration with a key partner insurer.

Clive Nathan, CEO of Towergate Underwriting

For further information please contact:

Nina O'Donohoe, nina.o', 020 8256 6982 / 07776 316316

LV= Broker

LV= Broker is part of the LV= group of companies, and incorporates Highway Insurance and ABC Insurance. LV= is a trademark of Liverpool Victoria Friendly Society Limited (LVFS) and a trading style of the Liverpool Victoria group of companies.

LV= employs 6,000 people and serves over 5.5 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 trade unions.

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. LVFS is a member of the ABI, the AFM and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.