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Press release archive

Browse through our archived news, 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.

August 2018

LV= boosts Flexible Transitions Account with new investment fund partner

Retirement specialist and mutual, LV=, has today announced an agreement with Vanguard, which sees the fund manager taking over the management of the ten LV= index funds.   These funds sit alongside a wider range of passive funds offered by leading asset managers.   This move follows…

LV= announces £42 million half year operating profit

Mutual insurance, retirement and investment group LV= announces its interim results for the six months ending 30 June 2018.  The full LV= interim results including financial statements can be found at https://www.lv.com/about-us/company-information/returns. Strategic and operational highlights: …

LV= Appoints Georgina Farrell as HR Director

Liverpool Victoria Friendly Society (LV=) has today announced the appointment of Georgina Farrell as Human Resources (HR) Director. Georgina will join LV= on 15 October and replace David Smith who has held the role on an interim basis since the beginning of the year. She will report directly to Richard…

July 2018

Just say hello

Just say hello - Greeting people in your street is key to community spirit 175 years ago, Britain was gripped by true poverty. Not just the kind where taxing the car and buying some new curtains would see you slip into the red but one where generations of one family could be found existing in damp,…

LV= protects customers NCD from uninsured drivers and vandalism

LV= General Insurance, the UK’s third largest car insurer, has announced that it has extended its car insurance cover to protect customers’ no claims discount (NCD) from accidents caused by uninsured drivers as well as acts of vandalism. Where an uninsured driver is involved, customers will…

LV= Flying the flag for Pride 2018

For the next four days, Liverpool Victoria Friendly Society (LV=), one of the largest employers in Bournemouth, will be flying the rainbow flag in support of Pride 2018 and the Bourne Free festival. This will be the third year in a row that LV= flies the rainbow flag at its Head Office in Bournemouth…

Heather Smith talks about our Brand Management Award win at the #BIA2018

Last week, at the Royal Albert Hall, LV= scooped the prestigious Brand Management Award at the Insurance Post British Insurance Awards 2018. We’re incredibly proud to have won this award, as it’s the culmination of a lot of hard work from a number of different teams. It all started at the…

Take cover! 25M Brits unprotected on their staycations

• Over 25m Brits could be putting themselves at risk this year by not taking out travel insurance for UK based trips(1)• Three in five (60%) Brits admit they have never taken out travel insurance for UK based trips including weekend breaks and day trips(2) despite nearly two thirds (64%)…

June 2018

Heather Smith promoted to Managing Director of LV= Direct business

LV= General Insurance, the UK’s third largest car insurer, has today announced that it has promoted Heather Smith to Managing Director of the Direct business, subject to regulatory approval. Her appointment follows Selwyn Fernandes’ decision to leave following 12 successful years at the…

LV= Appoints Wayne Snow As Chief Risk Officer

Liverpool Victoria Friendly Society (LV=) has today announced the appointment of Wayne Snow as chief risk officer (CRO), subject to regulatory approval.  Wayne joins LV= on 26 June and replaces David Dullaway who has been interim CRO since Steve Haynes’ departure in December 2017.  He…

David Stevens – Exploring the future of advice

Three years on from the introduction of pension freedom and choice, people are now comfortable knowing that the power to make decisions on what to do with their pension savings is in their hands. However they are much less confident when faced with actually making the complex decision itself. Yet thousands…

Role Q&A with Pardeep Bassi

Getting to know Pardeep Bassi, Head of Data Science at LV=  1. How long have you worked at LV=? I joined LV= just under a year ago, so I’m still fairly new. Before joining LV=, I led the Pricing team at Domestic and General where we implemented a full set of machine learning models for pricing…

Blog - Richard Hoad

This year marks our 175th birthday. When William Fenton founded the Liverpool Independent Legal Victoria Burial Society, he probably never imagined that we’d continue to be around well into the 21st century, and yet here we are. I think there are a few reasons LV= has managed this, not least that…

What Diversity & Inclusion means to me and how I’ve supported it at LV=

There was a time in my career when I felt slightly uncomfortable walking into a meeting room and being the only female there. And if I am honest, being relatively young, foreign and female made me a perfect candidate for feeling this way. However, I soon realised that when I step into a room, I bring…

Blog - A look back in time

175 years ago, Britain was gripped by true poverty. Not just the kind where taxing the car and buying some new curtains would see you slip into the red but one where generations of one family could be found existing in damp, unheated cellars or attics. It was truly a wretched existence for thousands.…

Soledad Galli discusses her recent win at the Data Leaders Awards

How much of an honour is it to win this award? It is nice to feel recognised and appreciated not only by my company and colleagues but also by the wider data science community. Were there any particular projects that contributed towards the award win / or that you are proud of? I think what might have…

May 2018

Nicola Dunning talks about Diversity & Inclusion

It seems like only yesterday that I joined LV= but scarily enough it was 28 years ago! I was pretty much still a girl when I headed into the Birmingham office at the tender age of 16. In that time, I’ve worked in so many different areas and I think it’s now 14 roles I’ve had, including an Accounts Clerk,…

LV= responds to small claims limit report

Following the report from the Justice Select Committee into the small claims track limit, here’s a comment from Martin Milliner, Director of Claims at LV= General Insurance. “Indexing the small claims limit of £1,000 from 1999 is misplaced as it assumes that the world of “whiplash”…

LV= Broker strengthens business with new appointments and products

LV= Broker, one of the top five insurers for brokers in the UK, has strengthened its Personal Lines business with three new senior appointments and the launch of five new products. To help the business successfully grow its Motor and Home portfolios, the insurer has appointed Jonathan Santer, Clive…