Start-up digital broker Policy Powerhouse targets over £20m GWP within five years
Policy Powerhouse has launched a holiday let buildings and contents insurance product as CEO John Bibby set out the goals of the new digital broker.
“We have a five-year target of hitting north of £20m of premium,” he told Insurance Age.
The firm was launched in last year bringing out its first product Cancel Cover – cancellation insurance for holiday let owners – in October.
The rollout started with an exclusive arrangement for Premier Cottages and the policy was recently opened up to all potential customers.
The latest addition, Holiday Let, delivers the ability to insure one or many properties on a single policy with a single policy
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