Insurance giant Covéa completes office relocation

Insurer says multimillion investment signals commitment to UK town and continued business growth

Insurance News

By Louie Bacani

As part of its long-term growth plans, major European insurer Covéa has completed its relocation to a new office in Dean Clough, Halifax.
 
Covéa president-director general Thierry Derez opened the refurbished office, which will house all 650 of the insurer’s staff in the county, the Yorkshire Post reported.
 
The new, multi million pound office stands on a redeveloped 75,000 square foot space at the Dean Clough A&B Mills. 
 
The investment signals the company’s commitment both to the continued growth of its business and to the Halifax area, the insurer said.
 
“Halifax has been an important base for our business for almost 50 years and we’re delighted to have secured the future of these historic mills as a long term solution for our office need,” Covéa CEO James Reader said in an earlier statement.
 
Before the relocation, Covéa employees in the town were spread across three separate buildings. Moving to a single office at Halifax was the best option for the company, Reader said.
 
“For some time it’s been our ambition to have a single-site in Halifax to meet both our current and longer-term requirements,” he said.
 
“We considered a number of potential solutions, but the renovation opportunity at Dean Clough was by far the most attractive and the best fit,” Reader added.

Additionally, Covea retains major offices in Reading and West Malling, as well as regional offices across the UK.
 
 
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