Only 20% to 40% of UK low-income renters take up contents insurance, according to HM Treasury and the Financial Conduct Authority (FCA). The bodies have addressed the issue by hosting innovation workshops with participation from insurtechs like Aventus Platform/Homelyfe, Gwyneth Nurse, Slice and Urban Jungle, as well as representative groups and insurers such as the Association of British Insurers, Aon and Aviva.
Only 20% to 40% of UK low-income renters take up contents insurance, according to HM Treasury and the Financial Conduct Authority (FCA). The bodies have addressed the issue by hosting innovation workshops with participation from insurtechs like Aventus Platform/Homelyfe, Bought By Many, Brolly, Slice and Urban Jungle, as well as representative groups and insurers such as the Association of British Insurers, Aon and Aviva.