Business

Coverly set to close

SME insurance firm Coverly has announced it is closing its doors.

In a statement posted on its website, the firm said it is no longer offering small business insurance as it is “sadly closing”, but reassured customers that they are still covered if they have an active policy.

The firm also thanked the businesses that joined Coverly and said it will “continue supporting” them throughout the duration of their policy.

Coverly said: “If you have had a quote from Coverly before Friday 17 July 2020, then the quote will be valid for 28 days from the date you received it and you can still purchase with the link in the email.

“After 28 days, the link will no longer be valid and you will be unable to purchase insurance through Coverly.”

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