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Catch up with the latest press releases from LV=

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LV= Announces Appointment of Philip Moore as Group Finance Director

Press release: 08/10/2010

Mutual insurance, retirement and investment group LV= today announced the appointment of Philip Moore as group finance director*. Philip will report into group CEO, Mike Rogers and will join the LV= board. Philip will have overall responsibility for the finance, legal and actuarial functions within the LV= group. The chief investment officer for the LV= group will also report into Philip.

Philip has around 30 years industry experience and joins LV= from the Pensions Corporation where he was group finance partner and chief risk officer. Prior to this he was group finance director and latterly group chief executive at Friends Provident, where he was a non executive director of F&C Asset Management. He has previously held roles at AMP, NPI and PricewaterhouseCoopers both in London and Hong Kong. Philip is a non executive director of RAB Capital plc.

Philip joins the LV= group at a time when the company is undergoing significant growth. Recent half year results showed a strong performance with sales and trading profits significantly up on the same period of 2009. Life business sales are up 40% on 2009 figures and GWP (gross written premium) is up 37% in the general insurance business. The company has also just announced it is now the fourth biggest car insurer in the UK.

Mike Rogers said; “I am delighted that Philip is joining LV=. Philip has a wealth of experience in our sector and he will play an important role in helping me and the board as we move the business forward.”

Philip Moore said: “LV= is clearly a company that is performing strongly and has great growth prospects. When many other financial companies are contracting, LV= is doing the opposite, so I am delighted to be joining at such an exciting time.”

Philip is replacing Keith Abercromby who is leaving at the end of 2010.


* Subject to regulatory approval

LV= is a registered trademark of Liverpool Victoria Friendly Society Limited (LVFS) and a trading style of the Liverpool Victoria group of companies.

LV= employs around 4,000 people, serves over 3.8m customers and members, and manages around £9.5bn (as at 30 June 2010) on their behalf, via LV= Asset Management (LVAM). We are also the UK’s largest friendly society and a leading mutual financial services provider.

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.