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Violation Tracker UK Individual Case
Company: Liverpool Victoria Insurance Company Ltd
Current Parent Company:
Allianz
Parent at the Time of the Penalty Announcement: Liverpool Victoria Friendly Society
Recap of Ownership Changes: Allianz acquired LV General Insurance in 2020.
Penalty: £0
Year: 2011
Date: 2 December, 2011
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: Six Insurance companies and two IT service providers made formal commitments to limit the data exchanged between them to prevent concerns it could violate competition law if used to coordinate on price.
Action Type: agency action
Settlement Type: Undertaking with the OFT
Agency: Office of Fair Trading
HQ Country of Parent: Germany
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: insurance
Source of Data:
(click here)
