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February 12, 2016 11:34 AM ET


Company Overview of Liverpool Victoria Friendly Society Limited

Company Overview

Liverpool Victoria Friendly Society Limited, together with its subsidiaries, is engaged in the insurance and financial services businesses in the United Kingdom. It offers car, home, travel, pet, breakdown cover, and motorcycle insurance products; life, mortgage payment protection, income protection, and sick pay insurance products; and business protection insurance products to protect small and medium sized businesses against the financial impacts of death or critical illness. The company also provides savings and investment products, including flexible guarantee bonds and savings plans; and retirement plans, such as protected retirement plans, equity release products, annuities, and pensio...

County Gates

Bournemouth,  BH1 2NF

United Kingdom

Founded in 1843

6,000 Employees


44 12 0229 2333

Key Executives for Liverpool Victoria Friendly Society Limited

Group Chief Executive, Director, Member of Nomination Committee, Member of Investment Committee and Member of Disclosure Committee
Age: 50
Group Finance Director, Director and Member of Investment Committee
Age: 55
Managing Director of Life & Pensions Business and Executive Director
Age: 43
Managing Director of Retirement Solutions and Member of With-Profits Committee
Managing Director of General Insurance and Director
Age: 56
Compensation as of Fiscal Year 2015.

Liverpool Victoria Friendly Society Limited Key Developments

LV= Appoints Steve Treloar as Managing Director, General Insurance

LV= has appointed Steve Treloar as Managing Director, General Insurance. He is expected to join during second quarter of 2016, subject to regulatory approval. Steve joins LV= from Aviva where he was most recently Managing Director of Personal Lines. Prior to this he has held a number of senior roles at Aviva and RBS Insurance over a nineteen year career. Steve will be responsible for running LV='s general insurance business.

LV= Appoints Vince Rennie as Chief Investment Officer

LV= has appointed Vince Rennie as Chief Investment Officer. The appointment is effective from 2 November and subject to FCA approval. With over twenty years' experience across a range of investment and treasury roles, Vince was most recently Investment Consultant to Zurich Corporate Services and prior to that Chief Investment Officer of Zurich UK Life. Vince brings a wealth of experience gained through a number of senior investment roles and will be a valuable addition to already strong investment team.

LV= Launches Business Protection Product Range

LV= has launched a range of business protection insurance products. Designed to protect small and medium sized businesses against the financial impacts of death or critical illness, LV= offers key person, shareholder and partnership insurance plus loan protection. These three new product complement the existing relevant life cover for businesses that LV= launched in 2013. Advisers have access to LV='s specialist underwriting and service teams and LV='s account management team who can provide technical support and advice. Alongside the new products, LV= has developed easy-to-use calculators that help advisers to calculate the potential value of their client's business, the amount of cover required and how to fairly split the total cost of cover between the shareholders or partners, relative to the benefits they stand to gain. In addition LV= has introduced a series of business trusts, option agreements and support guides. Clients who take out life or critical illness cover can select level, inflation-linked or decreasing amounts. Those who take out a relevant life policy can select to have level or inflation-linked cover. LV='s critical illness cover for business owners mirrors its individual policy and includes free children's cover. All business protection policies come with a choice of guaranteed increase options, with no further underwriting required for increases up to 50% of the original cover amount and 250,000 overall. LV='s business protection combined life and critical illness cover mirrors its individual policy and includes free children's cover. LV='s business protection policyholders automatically qualify for access to LV= Business Care which access to a free 24/7 legal advice line, which covers areas including HR, contracts and health and safety. These benefits are unique to the LV= product range.

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