Covéa Insurance signs up to the Women in Finance Charter

5th October

James ReaderCovéa Insurance is delighted to announce that it has signed up to the Women in Finance Charter.

The Charter is a commitment by HM Treasury and signatory organisations, to work together to build a more balanced and fair industry. It reflects the Government’s aspiration to see gender balance at all levels across financial services organisations.

Covéa Insurance is committed to developing a strong Diversity and Inclusion programme, ensuring its workplace is accessible and inclusive for all. The insurer has considered the practices the company can adopt to ensure career opportunities are equally accessible across gender; greater access to flexible working is high on the company’s list of priorities to ensure its employees can balance their career and achieve a positive work-life balance.

The insurer is also developing new initiatives such as their Inspire Leading Women programme.  The programme is a unique forum supporting the company’s female leadership population to realise and fulfil their potential by exploring the issues and challenges pertinent to women in leadership positions today.

James Reader, CEO, Covéa Insurance commented:

“Covéa Insurance is proud to support HM Treasury’s Women in Finance Charter. Becoming a signatory reflects our desire to employ women and men in equal numbers, at all levels in our organisation.

“Research has shown that companies with gender balanced leadership teams possess a broader range of skills and qualities, and thus outperform their competitors. Not only is gender equality and striving to achieve a truly gender balanced organisation ‘the right thing to do’, it’s key to ensuring we can achieve our longer term growth aspirations and successfully meet our customers’ needs.

“Ultimately, the Charter is a great mechanism for keeping diversity and inclusion on the Boardroom agenda, to ensure we offer a working environment that is attractive, challenging and supportive for all.”

 

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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 16.9 billion Euros in premiums in 2018.  

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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