Tradesman Saver is proud to work with Covéa Insurance, one of the UK’s leading commercial insurers, supporting businesses across a wide range of industries.
Covéa Insurance has been awarded an A+ Stable S&P Global Ratings, reflecting its strong financial position and ability to meet its financial obligations. An A+ rating indicates a very strong capacity to honour commitments and places the insurer among the strongest performers in the insurance sector.
We chose to partner with Covéa due to its financial strength, stability, excellent reputation, and long-standing history in the insurance market.
In 2024, Covéa Insurance reported £641.5 million in Gross Written Premiums and £32.9 million profit after tax, demonstrating the strength and resilience of the business. Covéa currently serves 1.3 million policyholders across the UK.
The Tradesman Saver policy underwritten by Covéa has been awarded a 5 Star Defaqto Rating. This is Defaqto’s highest rating and recognises products that offer an excellent level of cover and features.
This gives Tradesman Saver customers confidence that they are protected by an insurer with the resources, expertise and financial stability to support them.