Coverzones ceases trading
In a statement on its website, Coverzones, the online business insurance price comparison and policy management firm said: “This site is closed and Coverzones is not accepting any new business.”
It advised existing customers to contact their insurance company directly if they had any queries.
Coverzones declined to comment at this stage but chief executive officer, Simon Ball, said he may be in a position to issue further information later this week.
In a letter to Insurance Age (dated 3 Dec 2009) Mr Ball stated: "Whether the industry likes it or not, comparison sites are here to stay for the foreseeable future. The challenge that insurers face is the same as the one that gave rise to
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