Chartered Insurer status adds value for Covéa Insurance HNW and Commercial

Covéa Insurance is pleased to confirm that it’s Commercial Lines and High Net Worth team has been awarded Chartered Insurer Status for a second consecutive year.  The Chartered Insurance Institute (CII) sets rigorous criteria to ensure that only firms who can demonstrate their ongoing commitment to professionalism achieve this prestigious accolade.

Since first obtaining Chartered Status in 2016, Covéa Insurance has continued to invest in raising professional standards, supporting its employees to gain qualifications and develop their skills within the CII framework.

Simon Cooter, Commercial Lines and High Net Worth Director commented on what it means to the business:

“In the commercial and high net worth market, our customers are spending what can be significant sums of money to protect what they value. It is essential, therefore, that we provide a service that gives them confidence in our service and technical capability. Achieving and maintaining Chartered Insurer Status demonstrates our ongoing commitment to the highest professional standards and reflects our continuing investment in supporting our broker and business partners. Put simply, it adds value to our service.”

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About Covéa Insurance

Covea Insurance plc is the UK underwriting business of leading French mutual insurance group Covéa, who are number 1 for property and liability insurance in France and served 11.5 million policyholders, generating over 16.4 billion Euros in premiums in 2016.  

Covéa Insurance handles the insurance needs of 1.5 million policyholders; delivering financial reassurance through its Standard & Poor’s A+ stable rating, as a guaranteed subsidiary of Covéa. 

The company offers motor, household, protection, mid and high net worth insurance and a range of commercial insurance products, designed to meet the needs of most individuals and businesses. Employing over 1500 people, Covéa Insurance has a strong people and service ethos, having Investors In People Gold accreditation and featuring in the 2015 and 2016 Sunday Times Top 100 Mid-sized Best Companies to Work For. It also has World Class service accreditation from the Institute of Customer Service for its Motor Claims, Home Claims and Underwriting Services teams as well as Chartered Insurer status for its Commercial and Mid/High Net Worth business.

In January 2016, Sterling Insurance Company Limited became a fully integrated part of Covea Insurance Plc, following a Part VII transfer under the Financial Services and Markets Act.