Press release archive

Browse through our archived press releases, statements and blogs

This section is designed to give journalists and commentators the latest news and comment from LV=. Customers should not rely on the information within these pages to form the basis of investment or other financial decisions. If you're a customer looking for information on our products and services, please visit our main website.

November 2020

LV= strengthens its partnerships and intermediary business with new appointment

LV= General Insurance (LV= GI), the third largest personal lines insurer in the UK, has today announced the appointment of Simon Hird as its new Partnership Director, with immediate effect.  In his new role, Simon will be responsible for leading LV= GI’s Partnership and Intermediary business…

LV= LAUNCHES FOUR INVESTMENT PATHWAYS FUNDS

• LV= is among the first to market with Investment Pathways funds designed for non-advised consumers drawing an income from pensions Retirement income specialist LV= has launched four Investment Pathways funds designed to provide customers with a range of packaged investment choices as they consider…

£1m #funds4runs initiative launched by ECB and LV= general insurance

England and Wales Cricket Board has partnered with LV= General Insurance to financially support focus areas of the grassroots cricket community that have been impacted by COVID-19 with a £1million investment fund #Funds4Runs will directly help four key areas recover and rebuild - children…

October 2020

LV= reintroduces shorter waiting periods for personal sick pay

• Re-introducing day 1 and 1 week waiting periods for new policies Protection specialist LV= is re-introducing day 1 and 1 week waiting periods for its specialist income protection offering, LV= Personal Sick Pay*. Along with a number of other providers, LV= withdrew short waiting period options…

LV= anticipates rise in cancer claims in 2021

About LV=: LV= is 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…

Keyless technology drives rise in car theft over past four years

Data from LV= General Insurance reveals car theft claims have increased by 20% in each of the last four years  Vehicle theft claims in London have increased by 265% since 2016, with Birmingham, Nottingham and Greater Manchester seeing individual increases of over 100% LV= General Insurance…

Lockdown and social distancing leave one in four feeling lonely and isolated

About LV= LV= is a leading financial mutual and serves over 1.3 million members with a range of financial products. 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…

LV= pays more than £6m for coronavirus claims

Protection specialist LV= has paid more than £6m in coronavirus-related income protection and death claims to 5731 individuals and families. 384 Death claims paid LV= received 384 coronavirus-related death claims from members totalling over £6.02m, including non-underwritten life policies.…

September 2020

LV= partners with AFF to offer roadside charging for electric vehicle customers

New service will provide 30 minutes free charge for electric vehicle customers who run out of charge  10 AFF recharge vans will be situated across England and Wales  LV= General Insurance (LV= GI) is this week rolling out a new, market leading service offering roadside charging for…

LV= resumes Travel Insurance sales to new customers

New policy covers customers if they fall ill with any coronavirus or contagious disease either before or during their trip. Emergency medical and repatriation costs also included, along with additional accommodation and transport costs while abroad for customers asked to isolate because they…

LV= launches equity release direct channel with Age Partnership

Customers who contact LV= about equity release will be referred to Age Partnership Pensions and retirement specialist LV= has agreed a new partnership to advise customers contacting them directly about taking out an equity release plan. Clients who contact LV= enquiring about equity release plans…

August 2020

LV= pays out £100,000 in less than 24 hours following flash floods in Kirkcaldy

LV= General Insurance (LV= GI), one of the largest car insurers in the UK, has paid out around £100,000 in less than 24 hours to its customers who live in Kirkcaldy, Scotland, following the flash floods that occurred earlier this week. After reading reports in the news of the damage caused to cars…

Safety first: Brits open to e-scooters, but insurance and helmets a priority

One in five UK adults[1] are willing to try an e-scooter, despite 93% never having used one before. The latest research from specialist Electric Vehicle insurer, LV= General Insurance, has discovered that 28% of 18-34 year olds will be looking for alternative methods of transport when they return to…

LV= launches equity release drawdown product and adviser portal

Savings and retirement specialist LV= is expanding its presence in the equity release market with the launch of a new platform supporting all its current products and the launch of a new drawdown product – Lifetime Mortgage Drawdown+. Using the LV= Equity Release Portal, advisers can produce…