Covea and BGLi launch insurance brand nutshell

BGL Insurance (BGLi) has announced the launch of a new motor insurance brand in partnership with Covéa.

With product features including uninsured driver protection, free motor legal cover and zero admin fees, nutshell is a comprehensive, digital-first, insurance proposition that represents a long-term ‘joint venture’ combining the expertise of both BGLi and Covéa.

This includes Covéa’s underwriting and claims management expertise and BGLi’s pricing, customer service, digital distribution and tech capabilities.

Peter Thompson, chief executive officer of BGL Insurance, said: “We know that consumers today are both time restricted and cost conscious and so we’ve taken these heavily into account when developing our new nutshell brand. In a market that is ripe for innovation, I’m confident that this new proposition will deliver significant benefits for both motorists and our businesses as we look to meet and exceed the ever-evolving expectations of our customers.”

Sue Coffey, director of personal lines distribution and underwriting at Covéa, added: “We are delighted to announce this exciting partnership with BGL Insurance, an organisation that has a track record in delivering great customer service and one that we have worked with for many years. With this initiative, we capture the best elements of each of our strengths and in a market that can often be perceived as transactional, our combined offering via nutshell will give customers access to a new and innovative proposition that I am confident will go from strength to strength.”