LV= interview: Behind a public private equity takeover

'A continuation of strategy'

clock • 7 min read

In one of the most public takeovers of recent times, the sale of LV= to Bain Capital has provided trade and national news publications alike with plenty of headlines and readers with no end of intrigue. Clive Bolton, managing director of protection, savings and retirement at LV=, speaks to Tom Ellis about the takeover, what is driving it and all the noise around the deal for the mutual…

A private equity takeover is bound to have an impact on any company, not least a mutual steeped in history, which by nature keeps a portion of its customers literally invested in the business. But Bolton is keen to reassure that the private equity firm is not coming onto the scene to rock the boat: the party line is continuity. Bain Capital is arriving to continue a strategy already begun and to keep investing in it. "We'll continue to focus on our fund range and the platforms and methods that are required to distribute those," Bolton says. "We'll continue to focus on our protection b...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Octopus Legacy launches life cover with Shepherds Friendly

Octopus Legacy launches life cover with Shepherds Friendly

Designed to reduce anxiety

Jaskeet Briah
clock 10 December 2025 • 2 min read
Aviva updates online trust process

Aviva updates online trust process

Digitised trust for individual protection

Cameron Roberts
clock 28 November 2025 • 1 min read
Fairer Finance adds former FCA chair to consumer board

Fairer Finance adds former FCA chair to consumer board

Charles Randell CBE joins

Jaskeet Briah
clock 28 November 2025 • 1 min read