Covéa Insurance accelerates motor claims service enhancements

Covéa Insurance is delighted to announce the launch of “Project Xcelerate”, a new service initiative that will enable the company to provide its customers with a decision on most motor claims within 48 working hours of the claim being reported.

Project Xcelerate is the result of Covéa Insurance having secured a unique agreement between ServiceCertainty and Audatex to bring together their systems and data. The project involves the integration of digital data and images, with estimating, repair and salvage systems.

The greatest customer service gains will be for cases involving a total loss, as customers will no longer need to wait for salvage companies to collect and image their vehicle, before the company can settle their claim. As a result of Project Xcelerate the time taken to reach a resolution will be reduced by 75%, because vehicle images will be available to engineers within 24 working hours, allowing them to make a decision within 48 working hours.

Alistair Sherwin, Team Manager, Claims Motor Engineers at Covéa Insurance who has led the project from its inception, explains:

“Project Xcelerate is the latest step in an ongoing programme which focuses on improving the claims experience for our customers. We understand that making a claim is an unsettling time and causes massive inconvenience. This initiative allows us to provide a significantly quicker claims decision to all our customers so that even if their vehicle is completely written off, they can still get back on the road as quickly as possible with the minimum amount of inconvenience”

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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, generating over 17.4 billion Euros in premiums in 2019.  

Covéa Insurance looks after the insurance needs of over 2 million policyholders; delivering financial reassurance through its Standard & Poor’s ‘AA- stable’ rating, as a guaranteed subsidiary of Covéa. 

The company offers motor, household, protection, pet, mid and high net worth insurance and a range of commercial insurance products, through a range of distribution channels.

Employing over 1900 people, Covéa Insurance has a strong people and service ethos.  It holds ServiceMark accreditation with Distinction for its Personal Lines operation and its Commercial & HNW Claims teams, as well as Chartered Insurer status for its Commercial business.  Covéa Insurance is signatory to the HM Treasury Women in Finance Charter and the insurance Inclusivity Pledge and has been named one of the top 75 employers in West Yorkshire & the Humber.

Recently, Covéa Insurance were named as the Best Place to Work in Digital (Large Organisations) at the Digital Technology Leaders Awards.  They were also recipients of the Staff Empowerment Award at the Diversity & Inclusion in Insurance Awards, and the High Net Worth Product of the Year Award at the Insurance Times Awards.  They also received the Diversity Award at the British Insurance Awards.  They are currently shortlisted for 4 Insurance Times Awards.