Coverly confirms growth plans amid redundancy threat at parent firm BFS
The SME-focused insurtech was launched by former Aviva and Brokerbility expert, Jodi Cartwright, in 2019.
Insurtech start-up Coverly has confirmed that it will not be impacted by a restructure in its parent company, Bibby Financial Services (BFS).
BusinessLive reported on 20 January that BFS was set to close its Liverpool office and make a number of redundancies.
Coverly was launched in 2019 by managing director Jodi Cartwright, who has previously held a variety of executive roles in the insurance industry, including positions at Aviva and Brokerbility.
Impact
Cartwright said in a statement to In
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
You may also like
More on Insurer
Allianz launches solar inspection service
Allianz Engineering has launched an inspection service for solar photovoltaic (PV) systems, aimed at businesses and industrial sites.
Axa committed to regional PL market – intermediary director Matt Field
Matt Field, director of intermediary at Axa retail, has told Insurance Age the insurer is “committed” to the regional intermediary market, and is focusing on sustainable growth.
Covea returns to profit as GWP drops
Covea Insurance has reported profit after tax of £32.9m, swinging out of the red, for the year ended 31 December 2024.
Saga unveils broking and underwriting results ahead of Ageas deal completion
Saga’s insurance broking arm reported a total earned underlying profit before tax of £14.4m in 2024 (2023: £39.8m) in its final full year results before it completes a new distribution partnership with Ageas.
Addept enters legal expenses market with double launch
Addept Insurance Services has today announced the launch of the first of a new suite of legal expenses insurance products.
Most read
- Thomas Carroll expands into ‘underserved’ Bristol with new office
- Former broking CEO Fairchild takes new M&A role
- Fairchild: broker deal slowdown highlights need for “fresh approach” to M&A