The insurtech made an announcement on its website urging policyholders to get in touch with regards to changes, renewals and cancellations
Insurtech buzzvault has stopped writing policies in the UK.
According to an announcement on its website, the insurtech said: “buzzvault is changing”.
It said: “We are currently going through a restructure of our insurance business which means we are no longer selling insurance policies in the UK.”
The insurtech urged those who have a valid quotation or renewal invitation, current policyholders that want to make changes to policies and lastly those that wish to cancel their policy to get in touch directly via phone or email.
Having originally launched back in 2018, buzzvault specialises in home insurance and allows policyholders to create a digital inventory of their home contents that is easily updatable.
The insurtech has been contacted for comment.
Last year in April, its managing director of insurance product Charlotte Halkett left. She joined insurtech Bought by Many later in June that year.
Read more…The Briefing - Insurtech: Surviving Covid-19, as government schemes for insurtechs ‘not all its cracked up to be’
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
No comments yet