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 16.6 billion Euros in premiums in 2020.   

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 won the General Insurer of the Year award at the British Insurance Awards 2021. It was named as the Best Place to Work in Digital (Large Organisations) at the Digital Technology Leaders Awards and as the Best Employer at the Yorkshire Financial Awards.  They were also recipients of the Best Insurer title at the British Claims Awards, High Net Worth Product of the Year Award at the Insurance Times Awards, the Staff Empowerment Award at the Diversity & Inclusion in Insurance Awards.

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