New appointment marks 3 years of Real Estate trading

Covéa Insurance has further strengthened its Real Estate offering with the appointment of Richard Heathcote to the role of Regional Lead Underwriter in the insurer’s Leadenhall office.

Richard had previously held the role of Senior Technical Underwriter at Covéa Insurance, and was fundamental in creating the Real Estate product when it launched in 2014. He has a strong technical underwriting background with over 25 years’ experience having previously worked at Axa.  This appointment gives brokers even better access to key decision-makers who can support their business on a local level.

In the three years since the Real Estate team was established in the insurer’s London office, the team has grown significantly and continued to exhibit strong, profitable growth focusing on specialist real estate brokers.

Gareth Roberts, Branch Manager, London commented;

“Over the past three years, the Real Estate team in London has established itself as a valued partner in the market.  We have built our reputation around face to face communication which has helped secure strong relationships with the brokers we trade with, enabling us to deliver a dedicated service to each of them.  Richard’s appointment shows our continued investment in our Real Estate proposition, his expertise in the sector will complement the excellent skills we already have in the team and give brokers immediate access to another decision-maker within the division”.

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About Covéa Insurance

Covéa Insurance Plc is the UK underwriting business of leading French mutual insurance group Covéa (which includes the global reinsurer PartnerRe since July 2022). 

Covéa Insurance looks after the insurance needs of UK customers, across a range of product lines; delivering financial reassurance through its Standard & Poor’s ‘AA- stable’ rating, as a guaranteed subsidiary of Covéa.  

Covéa Insurance has a strong people and service ethos and 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. In 2022 Covéa Insurance was named Insurer of the Year at the British Claims Awards and Personal Lines Insurer of the Year at the Insurance Times Awards.