A decade on – Cavere Insurance celebrates its 10-year Anniversary
Cavere Insurance the General Insurance product provider marks a major milestone.
Commenting on the milestone, Paul Thompson, Chief Executive Officer at Cavere said:
“When we decided to set up a financial services business in the midst of a market crash and the start of the biggest recession this century, some people said we were very brave. I think what they really meant was potentially foolish? But 10 years on and we are still here and the business is doing better than ever.
I would not argue that the first few years were a lot tougher than we had expected but this just made us focus even harder on delivering the best possible products and service we could at the best possible price for agents and brokers to offer to their customers.
Fortunately our insurer partners believed in what we were doing and helped us as we developed the proposition and the intermediaries have been very loyal and supported us from the beginning.
During the early days of the recession when many firms were chasing lower pricing and often lower quality products, Cavere remained focused on our strategy of offering quality products and service at competitive premiums and this has proven to be the right decision. Over the last 10 years our registered agents have introduced over 75,000 policies to us and over 90% of our buildings and contents policyholders renew their cover with us every year.
We have a great team of people at Cavere who are passionate about what they do and are proud of what we have created. When some of the largest and most respected Insurance companies in the world say things like “We have been particularly impressed by Cavere’s speed, agility and attention to detail” and “the technology platform they have developed is amongst the best we have seen in the market” it is very rewarding.
As we move into the next decade Cavere has divided its operations into three distinct trading styles. Cavere Insurance focuses on servicing the growing number of policyholders, Cavere Intermediary to support our new and existing intermediaries and Cavere Solutions where we provide outsources administration services to insurers.
Notes to Editors:
Cavere Ltd is part of the Cavere Group. For more information about Cavere Group visit our website at caveregroup.co.uk
Cavere Ltd is a general insurance product provider and distributor. They provide seamless fulfillment and distribution through managed relationships with underwriters and distributors.
Cavere distributes a full suite of general insurance products tailored to the individual needs of clients including; Residential Buildings and Contents, Landlords Let Property, Tenants Contents, Lifestyle Protection, Home Emergency, Travel and supporting ancillary products.
Cavere Insurance utilises an exclusive proprietary point of sale system (Magenta) that facilitates general insurance applications and end to end administration throughout the customer journey.
Central to the business is the use of technology.
Cavere leads through innovation, championing creative ideas and solutions that enable their partners to differentiate their proposition in the marketplace. All systems are designed and developed in house by a team of insurance specialists.
Paul Thompson, Chief Executive Officer.
Tel: 01904 476090
2 Horizon Court