Covéa Insurance and Hood Group launch strategic trading relationship

26th April

Hood Group today announces that Covéa Insurance, one of the most trusted and well-respected insurers in the UK, has joined its panel of insurer partners.

Hood Group Commercial Director, Bruce Reid, comments:

"We’re committed to evolving our existing products as well as developing new types of insurance cover that will add value to our brand partners and deliver products that truly serve today’s customers. We want to build relationships with forward thinking insurers to help enhance our current brand partner propositions and help us test new concepts and deliver new products, so we’re delighted to be able to work with Covéa Insurance. They not only have a wealth of experience across a wide range of product lines but also enjoy an outstanding reputation for innovation and high levels of customer care.”

 

Sue Coffey, Director of Intermediated Distribution, Personal Lines at Covéa Insurance adds:

“Hood Group has established a reputation for helping their partners deliver innovative insurance solutions and we’re looking forward to working with them. Their ‘Select & Protect’ business has a strong reputation amongst UK mortgage intermediaries, a sector of the market where we see great potential. We’re delighted to join its modular home insurance panel.”  

 

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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.

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