Adrian Furness appointed CEO of Covéa Insurance

Adrian-Furness-new-Covea-Insurance,-Chief-Executive-Officer

Covéa Insurance has announced the appointment of Adrian Furness as Chief Executive Officer.

Adrian succeeds James Reader, who is leaving the business and has no plans to take on another executive role.

Covéa Insurance’s Chairman Dominique Salvy said, “While the board of directors and our shareholder regret James’ personal decision to leave, we respect his choice. We are grateful for his leadership of the company throughout his tenure, which has delivered a solid strategic positioning for the business and has helped navigate the unprecedented challenges brought about by the pandemic. Going forward, no one is better positioned than Adrian to continue to guide the company and build on its strengths. The board wishes him every success.”

Adrian Furness has held the role of Chief Operating Officer at Covéa Insurance since December 2019, having previously been Claims Director of the company and its predecessor Provident Insurance since 2008.  Commenting on his appointment, Adrian said, “We are extremely grateful to James for the legacy he leaves within Covéa.  I’ve worked with him for 18 years and he has been a brilliant leader of the business and, from both a professional and personal perspective, I will miss him greatly and wish him all the very best for the future.” 

“Taking over from James is an absolute honour. I’ve been with Covéa for many years and it’s a company I love and believe in. We have an agreed and progressive strategy in place with great people and it is my intention to continue to drive this forward, together with the rest of the team within Covéa.”

James said, “After nine years as Chief Executive, I have decided that the time is right for me to take a step back.  It has been an absolute privilege to lead such a great business and team and I’m extremely proud of what we’ve achieved together.  Covéa Insurance has an exciting future ahead of it and I’m delighted to be handing the baton on to Adrian, who I’ve no doubt will be a more than worthy successor.”

Authored by Covéa

CLICK HERE TO SIGN UP FOR OUR
FREE BI-WEEKLY NEWSLETTER

About Covea

Covéa Insurance is the UK underwriting business of the leading French mutual insurance Group Covéa and offers competitively-priced household and motor insurance, along with a range of commercial insurance products designed to meet the needs of most businesses, through a nationwide network of intermediaries.  

Regional distribution teams based in 9 regional offices offer brokers and insurance intermediaries direct access to senior underwriters.  Covéa Insurance handles the insurance needs of over 1 million policyholders.

Latest video

Covéa launches brand new e-Trade Commercial Combined insurance product

Covéa Insurance is proud to launch their brand-new e-Trade product.Carolyn Callan, Commercial & High Net Worth Director, plus Eugene O’Callaghan, Acturis e-... click here for more