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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.

May 2020

LV= introduces premium reduction option for protection policies

Protection specialist LV= is introducing a premium reduction option for existing protection policyholders, providing additional support and reassurance for those suffering financially through COVID. Customers with income protection, critical illness, life insurance and business protection policies1…
Life and Pensions

Mental health accounts for 29% of LV= Income Protection claims

Figures from protection specialist LV= reveal claims for mental health account for 29% of income protection claims. As part of Mental Health Awareness Week (18-24 May), LV= is highlighting the support services available for members struggling with mental health issues. The theme for Mental Health Awareness…
Life and Pensions

LV= GI's top 10 tips to avoid being a victim of lockdown fraud

Regrettably, whilst most of us are pulling together to comply with Government guidelines to protect the NHS and save lives, some individuals are looking at the Covid-19 pandemic as an opportunity to take advantage of the very natural fears and anxiety we all experience. As a company, we’ve seen…
General Insurance

LV= Pays £2.5m for nearly 300 Coronavirus claims

Protection specialist LV= has paid out more than £2.5m in coronavirus-related income protection and death claims to nearly 300 individuals and families. Up to 30 April 2020, LV= paid out 146 COVID- related claims to policyholders with short waiting period Personal Sick Pay policies*. All these…
Life and Pensions

LV= makes £30m available to help those struggling financially from Covid-19

The £30 million will help those customers experiencing financial difficulties. Support being provided to car and motorbike insurance customers. Savings are being passed on to customers as a result of reduced claims during lockdown. LV= General Insurance (LV= GI) has today announced…
General Insurance

April 2020

How LV= is helping suppliers at this difficult time

About Liverpool Victoria General Insurance Group Limited LV= General Insurance provides car, home, pet, travel, landlord breakdown and home emergency insurance to over 7 million customers in the UK. We’re the UK’s third largest personal lines insurer with just over £2 billion…
General Insurance

March 2020

LV= Announces 2019 Financial Results

Mutual life pensions and investments group LV= announces its financial results for the year to 31 December 2019 and publishes its annual report. Strategic and operational highlights: Completed the sale of LV= General Insurance to Allianz. Converted from a friendly society to a company limited…
Life and Pensions

February 2020

Time for green L plates? LV= calls for overhaul of UK driving test

Over three quarters (77%) of drivers think the UK driving test should be adapted for electric cars, rising to 92% of electric car drivers One in three (29%) drivers are considering buying an electric car in the next five years LV= General Insurance and IAM RoadSmart call on the DVSA to…
General Insurance

Retire? No thanks – We’ll carry on working

Staggered retirement is becoming popular among pensioners who want to preserve their pension fund into later life More than a third (35%) of these people not drawing their pension rely on their partner’s income Research from LV= reveals how many pensioners are opting for a staggered…
Life and Pensions

LV= appoints Lynzi Harrison as heritage director

Savings, retirement and protection specialist LV= has appointed Lynzi Harrison to the newly created role of heritage1 director, reporting directly to Mark Hartigan, LV= Chief Executive. Lynzi is currently LV=’s customer experience director and joined in May 2019 from Old Mutual Wealth where she…
Life and Pensions

LV= introduces tiered charging structure on personal pension

LV=, the retirement and protection specialist, is introducing a tiered charging structure on its personal pension. Charges on the LV= Flexible Transition Account will be reduced for customers investing more than £100,000, and a client investing £300,000 into an LV= pension would pay a total…
Life and Pensions

January 2020

LV= General Insurance launches industry-first voice skill

LV= General Insurance (LV=GI), one of the largest personal lines insurers in the UK, has today become the first insurer to launch a car insurance voice skill for customers with Amazon Alexa or Google Home Assistant products. Customers will now be able to discover a range of answers about their car insurance…
General Insurance

LV= makes substantial changes to critical illness cover

What's new? Enhanced comprehensive cover and support for cancer includes new payment at diagnosis  Wider coverage for children as standard now up to age 23 and new ’Junior option’ Extended and simplified enhanced payments, now including  enhanced organ benefit and…
Life and Pensions

LV= General Insurance announced top insurer for customer satisfaction

About Liverpool Victoria General Insurance Group Limited LV= General Insurance provides car, home, pet, travel, landlord breakdown and home emergency insurance to over 7 million customers in the UK. We’re the UK’s third largest personal lines insurer with just over £2 billion…
General Insurance

December 2019