Covéa Insurance gets the Gold!

Covéa Insurance is delighted to announce the achievement of a gold accreditation from Investors In People (IIP) following a recent assessment, putting the company in the top 3% of IIP accredited organisations.

The achievement recognises the significant progress Covéa Insurance has made towards its aspiration of creating a great place to work and shows the company’s genuine commitment to maximising the potential of its employees.

“Having the IIP Gold status is a fantastic independent endorsement of our rating as an employer” said Lisa Meigh, Head of Learning & Development, “The timing of the award is especially significant as we have ambitious development plans and are recruiting for many new job opportunities right across the business.”

Covéa Insurance has recruited over 170 new staff in the last eighteen months and the recruitment drive continues with plans to advertise a further 50 people at its Halifax office before the end of this year.

Lisa continues:

“IIP principles support the Covéa Insurance vision to put people at the heart of our organisation. It’s fantastic to get this recognition of the phenomenal progress we’ve made in just two years in relation to how we consult, involve, communicate, develop, engage and empower our people to deliver as a business. We will continue to embed best practice principles and invest in our people to maintain our world class accreditation.”

The IIP framework provides an external benchmark against which an organisation can measure a number of key employee-centred success indicators including; recruitment, training, engagement and development of employees.

Mark Wem, IIP Assessor explains why Covéa was awarded Gold:

“This Award shows a truly cutting-edge organisation operating at the very highest levels of people management practice using Investors in People Principles to drive the business forward. Covéa Insurance has achieved this through maintaining real pace and focus at a time of change, enabling a depth and spread across the whole of the Investors in People Framework with a mix of both practical and sophisticated approaches to people management at every level of the organisation. ”

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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 and served 11.5 million policyholders, generating over 16.4 billion Euros in premiums in 2016.  

Covéa Insurance handles the insurance needs of 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, mid and high net worth insurance and a range of commercial insurance products, designed to meet the needs of most individuals and businesses. Employing over 1500 people, Covéa Insurance has a strong people and service ethos, having Investors In People Gold accreditation and featuring in the 2015 and 2016 Sunday Times Top 100 Mid-sized Best Companies to Work For. 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 January 2016, Sterling Insurance Company Limited became a fully integrated part of Covea Insurance Plc, following a Part VII transfer under the Financial Services and Markets Act.