Covéa Insurance transfers apprenticeship levy to local businesses

Businesses based in Halifax now have access to £35,000 of funding to deliver apprenticeship training, thanks to a levy-transfer scheme set up by Covéa Insurance and local further education provider, Calderdale College.

The scheme will specifically target businesses based in the Park and Warley wards, Calderdale neighbourhoods which fall within the top 10 per cent of the most multiple deprived areas in England.*

The levy-transfer scheme has been designed to upskill residents and support business growth in these areas, as the district tackles the effects of COVID-19, with six participants already confirmed. Funding for training will be transferred to businesses from Covéa Insurance’s apprenticeship levy and the training will be delivered by Calderdale College.

There are over 150 employers based within the Park and Warley wards, in sectors ranging from construction and electrical, to motor vehicle, warehousing and retail. Covéa Insurance and Calderdale College are encouraging companies to take up the apprenticeship funding in order to futureproof their business and increase employment opportunities for local residents.

Matthew Metcalfe, Senior Manager – Talent Acquisition at Covéa Insurance, said of the transfer: “We launched this funding scheme with Calderdale College because we want to support local businesses as they tackle the challenges they are facing from COVID-19. We hope that these apprenticeships will help increase the employment opportunities in deprived areas locally where unemployment is higher than the national average.”

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Claire Williams, Head of Employer Engagement – Apprenticeships at Rise, Calderdale College’s service for employers, added: “We wanted to be part of the solution for businesses struggling due to COVID-19, especially for those in underprivileged areas such as Park and Warley, and as an Ofsted-rated Outstanding Apprenticeships provider we are in a great position to be able to do offer this service.”

If you would like to find out more or apply for funding for your business, please contact apprenticeships@calderdale.ac.uk.

*Multiple Deprivation Index 2019 https://opendata.calderdale.gov.uk/extensions/IoD-home/Iod-home.html

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About Covéa Insurance

Covea Insurance Plc is the UK underwriting business of leading French mutual insurance group Covéa, who are number 1 for property and liability insurance in France, generating over 17.4 billion Euros in premiums in 2019.  

Covéa Insurance looks after the insurance needs of over 2 million policyholders; delivering financial reassurance through its Standard & Poor’s ‘AA- stable’ rating, as a guaranteed subsidiary of Covéa. 

The company offers motor, household, protection, pet, mid and high net worth insurance and a range of commercial insurance products, through a range of distribution channels.

Employing over 1900 people, Covéa Insurance has a strong people and service ethos.  It holds ServiceMark accreditation with Distinction for its Personal Lines operation and its Commercial & HNW Claims teams, as well as Chartered Insurer status for its Commercial business.  Covéa Insurance is signatory to the HM Treasury Women in Finance Charter and the insurance Inclusivity Pledge and has been named one of the top 75 employers in West Yorkshire & the Humber.

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Recently, Covéa Insurance were recipients of the Staff Empowerment Award at the Diversity & Inclusion in Insurance Awards, and the High Net Worth Product of the Year Award at the Insurance Times Awards.  They are currently shortlisted for three British Insurance Awards and for the Best Place to Work in Digital (Large Organisations) at the Digital Technology Leaders Awards.

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