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

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.