LV= to convert from friendly society to Ltd company
Following member vote
Decision will not alter mutual status, but insurer will be governed by the Companies Act
On 22 May, almost 100,000 LV= members (turnout nearly 9%) took part in two separate votes at its special general meeting. There were two proposals on the table: To convert from a friendly society to a company limited by guarantee. To amend its rules to clarify who benefits from being a member of LV= going forward. 93.3% of the LV= members who took part voted in favour of proposal one and 94.5% voted in favour of proposal two. The first result means that LV= will convert from a friendly...
More on Insurer
OneFamily joins AFM
50-plus members
Mental Health UK added as CMH&WS charity partner
On Thursday 12 March
Six opinionated facts about protection pricing
How can we communicate its true value?
Medical Solutions adds second medical opinion service
Advice about treatment options and diagnostics
Zurich: UK earnings up 59%
To £413m
Back to Top
