Co-op members saved £1 million with Co-op Insurance in 2024

17 April 2025

  • Co-op member-owners saved £1 million on their cover, last year with Co-op Insurance.
  • Member-owners were able to make savings through exclusive deals across a range of insurance products.
  • Become a Co-op member-owner to access exclusive offers from Co-op Insurance and more.

Co-op Insurance has revealed it helped Co-op member-owners to save £1 million on their cover in 2024.

Member-owners were able to make savings when taking out cover with Co-op Insurance through exclusive prices across insurance products including motor, pet and travel, as well as access offers and discounts for other Co-op Life Services products (Funeralcare and Legal Services).

The member-owned business is continuing to offer members exclusive discounts on insurance products throughout 2025 including:

  • Renters insurance: Co-op member-owners can save 5% when they take out a renters insurance policy.
  • Pet insurance: Co-op member-owners can access a 5% discount on all policies or a 7.5% discount if their pet is adopted from a recognised animal charity or rescue centre.
  • Travel insurance: Members can make a 5% saving on their single or annual travel policy.
  • Life insurance: Any Co-op member, will get a 5% discount when they take out life insurance cover for the whole time they have the policy. They will also get an increased payout with Over 50’s life cover. *

Charles Offord, Managing Director at Co-op Insurance said: "Our members-owners are firmly at the heart of our Co-op, and we are committed to driving value for members through our insurance products.

“It’s very pleasing, therefore, that we were able to deliver £1 million worth of savings for our member-owners when they took out cover with Co-op Insurance last year.

“In the year ahead, we are looking to continue providing our members with greater financial benefits through exclusive discounts and offers on vital cover, as well engage with them on the evolution of our products and services.”

For more information on Co-op Insurance member offers visit: https://www.coop.co.uk/insurance/membership

-ENDS-

Notes to the editor

*Co-op members receive an extra 1% payout. New policies only and may be withdrawn at any time.

Co-op members also receive an exclusive price on car and home insurance.

Non-members can also sign up to become a member when they buy renters, travel and pet insurance

For further information, please contact pressoffice@coop.co.uk

About Co-op

Co-op Group is one of the world’s largest consumer co-operatives, operating across food retail, funerals, insurance, and legal services. Owned by over 6 million active member-owners, Co-op exists to meet their needs and champion the causes they care about. With more than 2,300 food stores, 800 funeral homes and a wholesale business supplying around 6,000 additional outlets, Co-op employs 54,000 colleagues and generates annual revenues of over £11 billion. It is a recognised leader in ethical business and community-led programmes, creating long-term value for members and communities across the UK.