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

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.