Covéa Insurance launches new Packaged Offices & Surgeries product and completes its e-trade transformation

Covéa Insurance is pleased to announce the launch of a new small business product designed for Offices & Surgeries. The Packaged Offices and Surgeries product can be traded by brokers on Acturis, and on the Covéa Insurance Online extranet, from 8^th June.

‘Packaged Offices & Surgeries’ is designed for small administrative businesses and surgeries, operating from dedicated premises or from home. It is a packaged single ‘all-risks’ policy that can cover up to 10 office locations.  An extensive array of occupations and trades can be covered, including graphic designers, clerical services, accountants, consultants and many more. Some of the core standard covers include, Public & Products Liability, Contents, Equipment Breakdown and Business Interruption. Optional covers include Buildings, Legal Expenses and Terrorism.

The launch of ‘Packaged Offices & Surgeries’ marks the completion of the Covéa Insurance small business transformation, a programme to upgrade the entire Covéa Insurance e-trade proposition. All upgraded products are now trading live on Acturis and the Covéa Insurance Online extranet. The full range of products includes:

• Packaged Offices & Surgeries
• Tradesman & Professionals
• Property Owners
• Packaged Retail & Salons

The Covéa Insurance e-trade products include premium and commission flex functionality and are all supported by a thirty-minute referral response commitment provided by its dedicated small business trading team.

Speaking about the Packaged Offices & Surgeries launch, Covéa Insurance Senior Manager Small Business, Sid Gulati, said:

“With this latest new product, we have successfully completed our small business transformation programme which is a clear commitment to our integrated e- traded solution. Throughout this three year journey we have listened carefully to what brokers have told us they want, and designed our products and service offering around their needs. Together with the exceptional service we provide, and our quality products and people, we now have a solid base from which to continue to drive future profitable growth with our partner brokers“.

-Ends-

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.