AA expands car insurance panel with LV=’s ABC
by Gill Montia
Story link: AA expands car insurance panel with LV=’s ABC
ABC Insurance, part of the Liverpool Victoria group (LV=), has been added to the AA’s car insurance panel. The private car brand, which was launched in 2007, takes its place alongside more than 20 other insurers quoted via the AA’s website or call centres, including sister LV= brand, Highway. According to the AA, the addition [...]
Nationwide expands insurance offering with LV=
by Gill Montia
Story link: Nationwide expands insurance offering with LV=
Friendly society, Liverpool Victoria, is providing a new range of insurance products to Nationwide customers, under its LV= brand. Members of the UK’s biggest building society are now able to arrange car, small business and buy-to-let and property owners’ insurance, through the joint venture. Nationwide believes the partnership, which was formed in June of this [...]
LV’s £150m bid for Highway now ‘unconditional’
by David Masters
Story link: LV’s £150m bid for Highway now ‘unconditional’
Mutual Society Liverpool Victoria has declared that its £150 million offer for UK-based motor insurer Highway is now wholly unconditional. In a statement to the stock exchange, Liverpool Victoria Insurance Company said all conditions of the deal – originally struck on 28th August – have been met or waived. Liverpool Victoria is offering Highway shareholders [...]
Liverpool Victoria acquires Highway for £150m
by David Masters
Story link: Liverpool Victoria acquires Highway for £150m
Mutual society Liverpool Victoria has acquired motor insurance company Highway Insurance in a deal worth £150 million. Rumours of the takeover yesterday saw Highway’s share price soar from 49.75 pence to 63 pence. In the closing deal Highway agreed terms of 75.35 pence per share and an interim dividend of 1.65 pence per share. This [...]
