Press Release Archive | Press and Media | LV=

July 2019

LV= GI response to the Ogden discount rate review

LV= has always been committed to providing the fairest possible settlements to our most seriously injured road users. Today’s announcement whist replacing the absurd and fiscally irresponsible decision to cut the Ogden Discount Rate to -0.75%, doesn’t in our view go far enough. At this level…

LV= extends Second Opinion service to all protection policyholders when they make a claim

LV= is today announcing it has extended its Second Opinion service by offering it to everyone who makes a claim on their LV= personal protection or business protection policy. Claimants or their dependants will now be offered the opportunity to speak to an expert from one of the UK’s biggest networks…

Heather Smith looks ahead to PrideFest and Mela in Croydon

As a company with a large presence in Croydon, it’s really important to us that we celebrate all the things that make it such a dynamic and interesting place to work and live. That’s why we’ve teamed up with the Croydon Cultural Partnership to help create more cultural programmes,…

LV= GI responds to Jaguar Land Rover announcement of investment in electric cars

It’s fantastic to see Jaguar Land Rover investing in electric cars and also creating jobs in the UK. There is a real appetite amongst consumers for these sorts of vehicles with recent research from us showing that nearly 9 million drivers are considering going electric in the next five years.…

June 2019

LV= General Insurance named Best Insurance Provider of the Year at the annual Which? awards.

It’s fair to say that I’ve got a spring in my step this morning and that’s all because last night LV= General Insurance was named Best Insurance Provider of the Year at the annual Which? awards. Each year, Which? publicly recognises those companies and individuals…

New ISA broadens investor access to the range of LV= Smoothed Managed Funds

Notes to editors About the LV= smoothing mechanism: The LV= smoothing mechanism is unique in the market, and is based on a 26-week rolling averaging of the underlying fund price. It is easy to understand and simple for advisers to explain to their clients. Investors start on the underlying price and…

Men’s health in numbers – protection claims statistics and some of the stories behind the numbers

To mark Men’s Health Week, Anna Rogers, Head of Underwriting and Claims at LV=, explores some of the men’s health issues highlighted by the protection provider’s own claims statistics and underwriting experience. This was originally published in Health Insurance Daily As…

May 2019

LV= agrees sale of remaining shareholding in LV=GI to Allianz

Liverpool Victoria Friendly Society (LV=) has today agreed to sell its residual 30.1 percent stake in LV= General Insurance (LV=GI) to Allianz Group for up to £365 million. The sale marks LV=’s withdrawal from its General Insurance partnership with Allianz, and following completion Allianz…

Mike Crane’s BIBA 2019 preview

It’s that time of year again as brokers and insurers around the country gear up to head to Manchester for BIBA Conference 2019. Train tickets are printed and hotels are booked, so I thought it was about time to share a little of what LV= Broker has in store for this year’s event, and my thoughts on…

One in ten drivers think electric cars can’t be used in the rain – myths that will shock you!

Although more than a quarter (27%) of drivers are considering making the switch to an electric car, a fifth (18%) are more reluctant, with a number of myths holding them back Concerns about battery, cost and range are the biggest barriers to overcome Seven in 10 (70%) appear to be unaware that petrol…

LV= appoints Debbie Kennedy and Clive Bolton to lead its Protection and Retirement Solutions & Heritage businesses

Financial services mutual LV= has appointed Debbie Kennedy to lead its Protection business with Clive Bolton taking on the leadership of its Retirement Solutions & Heritage business. Both appointments are effective from 01 July and are subject to regulatory approval. Debbie has a wealth of experience…

April 2019

Protection claim payouts soar to £98 million at LV=

New figures reveal that protection specialist LV= paid record individual protection claims totalling £97.9 million during 2018 – up £10 million up from 2017. Through the course of the year, LV= supported over 7,400 new and existing claimants and their families, as they dealt with life-changing events. Payouts…

LV= electrifies insurance with first product designed exclusively for electric cars

About Liverpool Victoria General Insurance Group Limited Liverpool Victoria General Insurance Group Limited (LVGIG) is an LV= branded strategic partnership between LV= and Allianz Holdings Plc, following the sale of a 49% stake in LV=’s General insurance business on 28th December 2017, creating…

March 2019

LV= provides remote nurse screenings, medical exams and laboratory testing in partnership with Square Health

In a move to further enhance the underwriting process for advisers and their clients, LV= has chosen Square Health to undertake all new LV= Protection nurse screenings, medical exams and laboratory tests. Square Health use an online appointment bookings system, with access to their extensive network…

LV= announces £136 million profit for 2018 and plans to convert to a mutual company limited by guarantee

Mutual insurance, retirement and investment group LV= announces its financial results for the year to 31 December 2018, plans to convert to a company limited by guarantee and publishes its annual report (lv.com/annual-report). Strategic and operational highlights: Started member consultation on plans…

LV= partners with University of Bristol to advance data science capabilities

LV= General Insurance (LVGI), one of the UK’s largest personal insurers, and the University of Bristol have today announced a new partnership with the aim of working together to make advancements in the field of data science by sharing knowledge, skills and opportunities. As part of the…

Mental health - Everybody’s talking about it, yet… we struggle to talk about it

This blog by Justin Harper, Head of Protection Marketing at LV=, was originally published in Cover Magazine How is the protection industry stepping up? Openness about mental health has come on leaps and bounds over the last 18 months. We’ve seen the Royals, high profile stars from entertainment, politics,…

LV= boosts Doctor Services features to include physiotherapy, psychotherapy and a discount on health MOTs

LV= has expanded its Doctor Services benefit to provide remote access to physiotherapy, psychological experts and support services, plus a 25% discount on health MOTs. These new additions are available with all new LV= protection, business protection and retirement policies. LV= policyholders now have…

February 2019

Wealth Wizards - Technology Transforming the Financial and Advice Landscapes

It’s undeniable that technology pervades our everyday lives; from watching a film on demand, to booking a taxi on an app, to ordering our grocery shop through Alexa. Over recent years we’ve embraced new technological breakthroughs and have slid easily into using them on a daily basis. However, technology…

Two years on: The benefits of adding Fracture Cover to LV=’s Income Protection policy

For those planning a family getaway or reviewing their current policies, Fracture cover deserves a second look as an understated part of LV=’s Income Protection offering. Since introducing the feature to our Income Protection policy at the start of 2017, LV= has paid out just under £17,500 to those…

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