Covéa Insurance extends relationship with Callcredit

Covéa Insurance has announced an extension to its contract with Callcredit Information Group as part of its ongoing commitment to increasing the sophistication of its pricing.

Callcredit provides a third party data enrichment programme and has been working with Covéa Insurance since March 2012.  The success of the existing partnership has resulted in Covéa Insurance extending its current contract to December 2016. 

Simon Kneller, Actuarial Director, at Covéa Insurance, commented: “We’re continuing to invest in our approach to pricing and the tools provided by Callcredit have underpinned some of the advances we’ve made in the last few years to enhance our pricing sophistication.  Over coming months we’ll be looking to utilise Callcredit’s enrichment tools more broadly across our Personal Lines product portfolio”. 

Peter Mansfield, Managing Director at Callcredit commented: “We are delighted that Covéa Insurance has chosen to further extend and expand their relationship with Callcredit. Covéa Insurance has seen great success implementing a data enrichment process and Callcredit, in partnership with Insurance Initiatives Ltd, are pleased to be able to support the expansion of this project across their personal lines product portfolio. We look forward to continuing this support and are committed to the ongoing development of the solution to meet changing business requirements”.