Covéa Insurance awarded Chartered Status for 7th consecutive year
Authored by Covéa
Covéa Insurance is pleased to announce it has been awarded Chartered Insurer status by the Chartered Insurance Institute (CII) for a seventh consecutive year. Chartered Status is a rigorous assessment of a firm’s capability and commitment to meeting the highest professional standards. In addition to being a public declaration of intent, firms acquiring Chartered Status must also meet robust and clearly defined measures relating to training, competence, and technical skills.
Carolyn Callan, Covéa Insurance Commercial Lines Director said:
“Chartered Status is important for us because we believe the quality and consistency of technical knowledge and skills are crucial in upholding standards and building customer confidence and trust. For example, the way policy wordings are written or interpreted, the way risk assessments are carried out, or the way liability is established, has a direct impact upon our service delivery and makes a real difference to the experience our broker partners and customers receive.
“Obtaining Chartered Status for the seventh consecutive is clear demonstration of our consistency in delivering for our broker partners and customers through our commitment to the highest professional standards.”
Jonathan Clark, Interim Chief Executive of the CII said:
“Chartered firms have made a public commitment to professionalism and must uphold standards set by the CII for excellence in qualifications, business practices and professional development which Covea continues to demonstrate, and I applaud them for this achievement. The objective of corporate Chartered status is to allow firms to demonstrate their commitment to professionalism and in doing so, ultimately build public trust in the profession.”
In addition to renewing its Chartered Status, Covéa Insurance has again received Continuing Professional Development (CPD) accreditation from the CII for its award-winning Broker Training Academy which invests in technical skills for broker employees.
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.