New insurance partnership launched by LV= and Nationwide
Wed, 03 Dec 2008
Insurance, investment and pensions group LV= will be providing a range of insurance products to Nationwide customers.

The partnership will run for an initial period of six years, during which LV= will be the sole provider to Nationwide of car and travel insurance and will also provide business insurance policies for shops, offices, surgeries and owners of buy-to-let properties .

All marketing activity for the Nationwide partnership will be managed by LV= and they will also manage the sales, underwriting and administration of new policies. Insurance customers of Nationwide who took out policies before the partnership was announced, will be migrated at renewal to policies underwritten by LV=.

Mike Rogers, LV= Group Chief Executive, said: "We share many of the same values as Nationwide and as fellow mutuals we can focus purely on providing the best products, prices and service to our members and customers. The launch of the Nationwide partnership follows recent news that LV= has just won a major protection partnership with Standard Life .
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