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Catch up with the latest press releases from LV=

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LV= responds to autumn statement: Lower motor insurance costs

Press release: 25/11/2015

We're fully supportive of the Government's moves to crack down on the fraud and claims culture in motor insurance and will pass on all savings to customers. We look forward to receiving further details on today's announcement. Insurance is there to help people who have genuinely been injured but it continues to be influenced by various factors with claims management companies (CMCs) having a significant effect on the volume of personal injury claims. The proposed reforms are essential to help crack down on poor behaviours and practices that are ultimately of detriment to consumers and it is essential that these reforms are long-lasting, and cannot be circumvented by CMCs.

John O'Roarke, Managing Director LV= General Insurance

For further information please contact:

Nicola Hussey, nicola.hussey@lv.com, 020 8253 5238 / 07468 761 128


LV=

LV= employs 6,000 people and serves over 5.7 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.