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.
Covéa Insurance launches new e-Trade Commercial Combined product
Covéa Insurance continues to develop its Commercial Lines proposition with the launch of their e-Trade Commercial Combined product. The product is a comprehensive ‘All Risks’ product that is designed to be traded electronically either via Acturis or through the Covéa Insurance Online extranet site.
Following on from the successful launch of their Business Combined Insurance product last year, this product is designed to complement their existing range and offers brokers additional flexibility when placing e-trade business with Covéa Insurance.
It’s designed to meet the changing needs of today’s SME businesses and is the first in a series of e-traded products, with motor fleet to follow. One of the key features of the product is its modularity, which offers up to 15 optional sections of cover, ensuring businesses only pay for the cover they need. The product also includes the addition of Cyber cover with Covéa Insurance being one of only a few insurers offering this increasingly valuable cover on an e-Trade Commercial Combined product. For risks that are slightly more complex, brokers will have a 60 minute referral response time, with the added support of a webchat facility, allowing brokers to provide an efficient response to their clients.
Carolyn Callan, Director of Commercial Lines & HNW commented; “We wanted to offer brokers a comprehensive suite of covers on an e-traded platform but with a product that could be completely tailored to client’s requirements, giving them exactly the level of cover they need, when they need it, without paying for unnecessary cover. This product has been in pilot for several months, with the invaluable feedback we have received from brokers helping to shape the final proposition. We are excited to launch it to our full broker panel, knowing that our products are backed by an award-winning claims service and dedicated teams committed to putting brokers and their customers at the heart of everything we do. ”
To speak to someone at Covéa about their new e-Trade Commercial Combined product, CLICK HERE, leave a messsage and youTalk-insurance will pass your enquiry on.
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