Covéa Insurance join the Parliamentary Advisory Council for Transport Safety

Covéa Insurance has joined the Parliamentary Advisory Council for Transport Safety (PACTS). PACTS is an all-party parliamentary group that advises Parliamentarians and government, drawing on the expertise and knowledge of its member organisations to identify research-based solutions to all areas of transport safety.

Barry Street, Head of Engineers at Covéa Insurance has been appointed member representative and will work closely with PACTS, contributing to discussions on key road safety matters and helping to shape future initiatives that will impact Britain’s roads.

Barry explained:

“Insurers have a key role to play in ensuring the safety of Britain’s roads and it’s important that we engage with organisations like PACTS to share our experience and knowledge. In joining the road safety conversation, we have an opportunity to develop solutions that will help to reduce avoidable road casualties and lobby the government to ensure that legislation on road safety issues is realistic, practical and achievable.”

David Davies, Executive Director of PACTS added:

“We are delighted that Covéa Insurance has joined PACTS. Insurance companies have a strong day-to-day understanding of driver risks and are looking for ways to reduce these risks, particularly for young drivers. The UK is still in a period of public spending restraint and we need to draw on the expertise of the private sector to reduce road safety casualty further. Having Covéa Insurance’s support and Barry Street’s involvement as their member representative will be very valuable.”

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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.