Legal & General Group Plc (Legal & General) is a provider of insurance, savings and investment products. The Group offers individual and group protection plans, pension plans, annuities, mortgages and general insurance products. It offers life, home, building, real estate, automobile and mortgage insurance products. It also offers travel, pet, critical illness, life, pension, retirement, investment and savings products. In addition, Legal & General offers claims management services, mortgage advice and risk management solutions. The group serves individuals, families and businesses. It operates in the United Kingdom, the United States, Japan, Ireland, Hong Kong and Bermuda. Legal & General is headquartered in London, UK. In 2019, following earlier speculation, the company agreed to sell its General Insurance Legal & General Insurance division to Allianz Insurance, while acquiring the remaining 51% stake in Liverpool Victoria General Insurance (LV=), of which it already held 49%.  The acquisition became effective on January 1, 2020, when the holding company was renamed Legal & General Insurance to Fairmead Insurance.  The existing policies will be merged into the insurance subsidiary Allianz LV= as part of an expanded business.
Legal & General`s Birmingham office became an LV= location.  Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and wealth management company headquartered in London, England. Products and services include investment management, life mortgages (a form of share release), annuities, annuities and life insurance. From January 2020, following the sale of Legal & General Insurance to Allianz, Allianz will no longer offer non-life insurance.  The firm operates in the UK and US, with investment management firms in the Gulf, Europe and Asia.  Legal and general life insurance was founded 70 years ago, in 1949. It began as Government Employees Life Insurance (GELICO) and became a subsidiary of Legal and General Group PLC in 1981. The name was changed to Banner Life in 1983 when it became the flagship within Legal and General. Eight years later, William Penn Life Insurance of New York became a member of the Banner Life group of companies.
Since then, the management of both companies has been consolidated at the management level. Legal & General was founded in June 1836 by Sergeant John Adams and five other lawyers in a café in Chancery Lane.  Originally called the New Law Life Assurance Society, the Society was limited to lawyers. The name was changed to Legal & General Life Assurance Society to reflect the fact that the policies were available to the general public, but ownership of the shares was limited to lawyers. The group expanded into Britain and soon began acquiring foreign life insurance companies, buying a retirement business from the Metropolitan Life Assurance Company of New York in the 1930s.  The company became a wholly owned division of Legal & General Group plc in the 1970s.  Legal & General Group, founded Legal & General America as a holding company in 1981 and purchased the Government Employees Life Insurance Company (GELICO) and its subsidiary in New York. The GELICO name was changed to Banner in 1983. William Penn was purchased by Legal & General Group Plc in 1989 as a wholly owned subsidiary of Banner Life Insurance Company. She bought the Dutch branch of Different Assurance Group and also opened a store in France in the 1980s.
 The renowned group writes a letter to the leading oil and gas insurer Legal & General is a financial services group and investor with companies in Europe, the Middle East, Asia and the United States. It operates through five segments: Dr. Nigel Wilson (former CFO) became Group Chief Executive Officer on 30 June 2012. He succeeded Tim Breedon, who had been CEO since 1 January 2006 and received an annual salary of £770,000.  While there are many benefits you can enjoy when choosing Legal and General, there are also some things to keep in mind that could impact your coverage plans: As one of the strongest life insurers in the country, LGA is the number two term life insurer in the United States.