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 comments from LV= GI. If you're a customer looking for information on our products and services, please visit our main website.

December 2022

LV= warns homeowners as fire claims rise 40% in year

Overall fire claims rise by 40% between 2021 – 2022 Electrical appliances account for the highest number of fire claims, with electrical wiring issues the most expensive to fix, reaching over £42k on average Fires relating to candles increased by 1600% in a month, with coal / log fire…

A burglar’s guide to protecting your presents

With the festive period fast approaching, Brits will begin shopping for gifts, decorating their houses and writing cards. However, they’re not the only ones gearing up for their busiest time of year – so are burglars. During the winter dark hours and early sunsets, burglars have more time to rummage…

November 2022

October 2022

LV= hires Nicola George to lead Broker Pricing

LV= General Insurance (LV= GI), part of Allianz Personal, has appointed Nicola George as Broker Portfolio Pricing Director, effective from 2 November. Nicola joins from Aviva, where she was previously Head of Intermediary Pricing, and in this new role will lead the broker pricing team. Nicola’s role…

September 2022

A wheel problem as more car parts become target for thieves

Steering wheel theft up 133%, coupled with doubling airbags and gear stick thefts Keyless car thefts up 19% in a year as skills and tactics of thieves evolve Worst year for catalytic converter theft, accounting for 20% of all car theft claims New data from LV= General Insurance (LV= GI)…

Are we nearly there yet? Scientists crack the code to backseat breakdowns

UK statistician reveals scientific formula that predicts the chances of a tantrum in the backseat Formula launched by LV= Britannia Rescue as families prepare to hit the road for the bank holiday getaway this weekend Entertainment and food are the key variables that prevent a tantrum,…

How to protect your home from surface water flooding

A combination of high levels of rainfall, and dry ground due to the recent record-breaking heatwave, means homes up and down the country are currently at risk of surface water flooding- otherwise known as ‘flash floods.’ Data from LV= General Insurance (LV= GI), one of the largest home insurers in the…

August 2022

LV= warns extreme temperatures will see subsidence and fire claims rise

Record temperatures seen this summer likely to result in subsidence peak, with cases already up 205% between June and July Soil moisture deficit at the same levels seen in 2018, when subsidence cases rose by 51% from the previous year Influx of fire related claims to cost £1.2 million,…

July 2022

Almost a third of second-hand car sales to be electric by 2030

By 2030, 31% of all annual used car sales will be from battery electric cars, creating a robust second-hand market and a more affordable option for drivers considering going green In 2021, battery electric cars accounted for just 2% of total annual used car sales By 2030 the UK will have…

May 2022

LV= install helpline access in repair garages for men running on empty

New innovative initiative to provide men with a safe space to talk about their problems where they’d least expect it, at their local LV= repair garage. Launch comes as new research reveals 2 in 5 men are feeling the pressures of family life like never before due to the rising cost of living. …

April 2022

Nissan Leaf, MG5, and Mini are best value electric cars

The LV= ‘Electric Car Cost Index’ explores purchase price, tax, insurance, fuel and maintenance costs for 13 pure electric cars vs their petrol/diesel equivalents to establish the total cost of ownership Drivers who buy an electric car outright will save on average £3,862…

March 2022

2021 sees spike in insurance fraud

Pre-inception loss fraud up 156% in the last three months of the year Exaggerated claims fraud up 138% and fabricated claims fraud up 81% Staged and induced accidents also increase as more cars get back on the road and criminal gangs return to bad habits New data…

LV= makes supply chain more sustainable with launch of two new initiatives

The Green Heart Supplier Promise will ensure suppliers adopt and develop environmental practices that are socially responsible and ethical. New targets also tackle all aspects of ESG, from providing equal opportunities to robust governance processes. The launch of a Green Heart Standard…

January 2022

2021 a record year for accident prone brits

Record breaking 2021 as accidental damage tops the charts, with £14m paid out in claims Damage caused by animals cost the most to fix, with breakage claims highest overall 1 March 2021 was the most accident-prone date of the year, with claims up 126% As we roll into a New Year, data…

December 2021