Covéa Insurance in the running for top industry accolade

9th May

Covéa Insurance is in the running to be named General Insurer of the Year at the British Insurance Awards ceremony on 3rd July, after recently being named a finalist. The nomination recognises the company’s strong growth and financial performance, exceptional approach to customer service and the creation of a supportive working environment for its employees.

The British Insurance Awards is the most prestigious event in the insurance industry calendar, celebrating insurers who lead the field in innovation and service. As well as the General Insurer of the Year nomination, Covéa Insurance is also a finalist in three other categories; Claims Initiative of the Year, Personal Lines Insurer of the Year and Transformational Deal of the Year. The latter is for the successful acquisition and integration of Sterling Insurance Group.

The nominations top a successful first quarter for the Reading insurer, which has also been shortlisted for a further twelve industry awards, received the highest customer service scores of any home insurance provider in the UK and, for the second year running, been ranked as one of the Sunday Times Top 100 Best Companies to Work For.

James Reader, Covéa Insurance’s CEO commented:

“To be shortlisted for an award for Insurer of the Year is a fantastic achievement. It’s a credit to the contributions of the more than 1,500 people who now work for Covéa Insurance, in what has been an incredibly busy year for our business. We’ve successfully integrated Sterling Insurance and recently launched our new direct motor insurance business, Provident Insurance. Most importantly, we’ve continued to deliver upon our commitments to our broker partners, customers and employees.”

 

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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 16.3 billion Euros in premiums in 2017.  

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.

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