Press Release Archive | Press and Media | LV=

October 2019

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…

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)…

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…

August 2019

Interest in electric cars continues to charge forward as two-thirds consider purchasing one as a second car

A further half are considering replacing one of their current cars with an electric car Environment impact plays a big part for drivers considering a second car purchase Less than half (43%) of multiple car owners have a multi-car insurance policy, potentially missing out on savings of…

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…

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…

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…

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. …

LV= hosts series of Business Protection webinars to help boost adviser conversations with business clients

Throughout July, LV= is holding CPD qualifying webinars on Business Protection highlighting the underlying risks for businesses in the event of an owner’s death and how advisers can deal with them. There has been a record level of interest among advisers, with more than 1,000 registering to attend…

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…

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…

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