Couple hugging holding green heart balloons

THE FUTURE OF YOUR MUTUAL

The story so far

In the Spring of 2019 we asked our members to support two proposals

The proposals:

  • Proposal one: to convert from a friendly society to a company limited by guarantee. 
  • Proposal two: to amend our Rules to clarify who benefits from being a member of LV= going forward. 

Watch a short film of your Chairman talking about the proposals.

We held a Special General Meeting on 22 May 2019. Here's what happened:

Vote 1 – To convert to a company limited by guarantee 

Total member votes
97,099 members voted
8.8% turnout
93.3% votes in favour

Vote 2 – To amend a Rule in our constitution

Total member votes
94,736 members voted 
8.6% turnout
94.5% votes in favour

And since then...

Your Board assessed members' views and decided to proceed with the proposals.


It was over to our regulators to approve the plans.

They've now completed this phase and agreed we can convert.

The final stage is for Companies House to register us as a company limited by guarantee and issue us with a new company registration number. We expect this to all happen in January 2020.

What you should know

A film of the special general meeting

View video transcript

In our library, you'll find all the documents you need that relate to our proposals.

You can request any of these documents in print

Watch our Chairman's message

View video transcript

Want to know more?

If you would like a chat, give us a call.

Mon - Fri 8:30am - 6:30pm

For TextDirect first dial 18001

Calls will be recorded and may be monitored for training and audit purposes.

If you would like to request a call back at a time convenient to you please email us.