Covéa Insurance celebrates one year of its online platform

Covéa Insurance is celebrating one year of its e-trade platform, Covéa Insurance Online.  Since its 2016 launch, the extranet has grown to accommodate four e-traded products Master Tradesman and Professionals, Packaged Retail & Salons, Packaged Offices & Surgeries and Property Owners. The platform has proved popular with brokers who benefit from a more flexible and efficient e-trading solution.

 Covéa Insurance Online in Numbers:

The insurer recently completed its strategic transformation programme to rejuvenate its e-traded offering, culminating with the launch of its Packaged Offices and Surgeries product earlier in the year. All products are showing excellent growth and the service level around these products continue to be very strong.

Sid Gulati, Senior Manager – Small Business for Covéa Insurance commented:

“We’re extremely pleased with the way Covéa Insurance Online has developed over the past year. Feedback from our brokers suggests that we have a platform that is genuinely helping them to trade better, with our 30 minute referral commitment being especially welcomed. Over the next year we’ll continue to get feedback from our brokers and enhance the platform to ensure it continues to meet their needs”.

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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 16.9 billion Euros in premiums in 2018.  

Covéa Insurance looks after the insurance needs of over 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, pet, mid and high net worth insurance and a range of commercial insurance products, through a range of distribution channels. Employing over 1800 people, Covéa Insurance has a strong people and service ethos, having Investors In People Gold accreditation and is signatory to the HM Treasury Women In Finance Charter. 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 2018, Covéa Insurance were recipients of the Personal Lines Insurer of the Year award at both the British Insurance Awards and the Insurance Times Awards and was the top rated insurer in the Insurance Times Broker Service Survey for both Personal and Commercial Lines.