Covéa Insurance extends relationship with Callcredit

Covéa Insurance has announced an extension to its contract with Callcredit Information Group as part of its ongoing commitment to increasing the sophistication of its pricing. Callcredit provides a third party data enrichment programme and has been working with Covéa Insurance since March 2012. The success of the existing partnership has resulted in Covéa Insurance extending its current contract to December 2016.

Simon Kneller, Actuarial Director, at Covéa Insurance, commented:

“We’re continuing to invest in our approach to pricing and the tools provided by Callcredit have underpinned some of the advances we’ve made in the last few years to enhance our pricing sophistication. Over coming months we’ll be looking to utilise Callcredit’s enrichment tools more broadly across our Personal Lines product portfolio”.

Peter Mansfield, Managing Director at Callcredit commented:

“We are delighted that Covéa Insurance has chosen to further extend and expand their relationship with Callcredit.Covéa Insurance has seen great success implementing a data enrichment process and Callcredit, in partnership with Insurance Initiatives Ltd, are pleased to be able to support the expansion of this project across their personal lines product portfolio. We look forward to continuing this support and are committed to the ongoing development of the solution to meet changing business requirements”.

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About Covéa Insurance

Covéa Insurance Plc is the UK underwriting business of leading French mutual insurance group Covéa (which includes the global reinsurer PartnerRe since July 2022). 

Covéa Insurance looks after the insurance needs of UK customers, across a range of product lines; delivering financial reassurance through its Standard & Poor’s ‘AA- stable’ rating, as a guaranteed subsidiary of Covéa.  

Covéa Insurance has a strong people and service ethos and 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. In 2022 Covéa Insurance was named Insurer of the Year at the British Claims Awards and Personal Lines Insurer of the Year at the Insurance Times Awards.