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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.

December 2019

LV= refreshes income protection plan to support renters

• About 4.5m households in UK live in private rented accommodation • 38% of private renters have dependent children and 50% of all children born in 2018 lived in rented accommodation • Policyholders will benefit from free child cover and legal advice service to resolve landlord and tenancy…
Life and Pensions

Richard Rowney steps down as chief executive of LV=

Savings, investment and protection provider LV= announces that Richard Rowney has today stepped down as Chief Executive and a member of the Board.  Richard will leave LV= on 31 December 2019. The process to appoint a successor is now underway and in the interim, Alan Cook, Chairman LV=, will assume…
Financial and Corporate

November 2019

15 Million homeowners renovate to create their 'forever home'

86% of homeowners decided to make home improvements to transform their house into their ‘forever home’ Those who currently do not own their ‘forever home’ think they will buy it at an average of 49 years old Almost half (47%) who have renovated their home admit to…
General Insurance

October 2019

LV= General Insurance appoints sales and marketing director

LV= General Insurance (LV= GI), one of the largest personal lines insurers in the UK, has today appointed Jon Mansley to the newly created role of Sales and Marketing Director. He will take on his new role on with immediate effect, reporting to Heather Smith, Managing Director of the LV= GI Direct…
General Insurance

Advisers see equity release becoming mainstream within 10 years

We’re only able to deal with enquiries from journalists, so if you are an LV= customer or someone with a general enquiry, please see the contact us section to find the right department to contact. The majority of advisers (61%) believe it is likely or more likely equity release will become a mainstream…
Life and Pensions

September 2019

LV= General Insurance appoints Corporate Responsibility Director

LV= General Insurance (LV= GI) has today appointed Rodney Assock as its new Corporate Responsibility Director with immediate effect, reporting to Sharon Juleff, People Director for LV= GI.  As part of his new role, Rodney will be responsible for delivering the Corporate Social Responsibility (CSR)…
General Insurance

LV= publishes parental leave and pay policy

Financial services mutual LV= has today become a signatory of the Association of British Insurers (ABI) initiative aimed at ensuring transparent, easily accessible information on parental leave and pay policies is included on the company website. View our Shared parental leave and pay policy. About…
Financial and Corporate

August 2019

LV= announces its 2019 interim results

Notes to editors These numbers are unaudited. Certain statements in this press release may constitute "forward-looking statements". These statements reflect the Issuer's expectations and are subject to risks and uncertainties that may cause actual results to differ materially and may adversely affect…
Financial and Corporate

LV= General Insurance increases operating profit by 55%

Leading personal lines insurer LV= General Insurance Group (LV= GI) announces its interim results for the six months ending 30 June 2019. Strategic and operational highlights: Customer numbers increased by 8% to 5.5 million Named Best Insurance Provider at annual Which? awards Ranked 10th…
General Insurance

July 2019

LV= KidZone returns to Bournemouth for another year

Families visiting Bournemouth Beach this summer will have peace of mind as the LV= KidZone scheme returns for another year to help keep children safe during the school holidays. In partnership with Bournemouth, Christchurch and Poole Council (BCP Council), the scheme provides children with free colour-coded…
Financial and Corporate

LV= introduces 12-month option to Budget Income Protection

Extends LV= Budget Income Protection to include an option with a 12-month claim period. Includes all of LV=’s existing benefits for when clients can’t work, such as parent and child cover and rehab support, and other everyday benefits for when they can, such as LV= Doctor Services. …
Life and Pensions

UK landlords spend £4.7 billion a year on their rental properties

UK landlords spend more than £3,000 each year looking after their rental properties A quarter of landlords have disputes with their tenants at least once a year, most commonly over rent, damage and cleanliness One in eight landlords don’t have landlord insurance putting them…
General Insurance

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…
General Insurance

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,…
General Insurance