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The Independent UK
The Independent UK
Business
Anna Wise

Monzo muscles in on home insurance market to target underprotected renters

Monzo Insurance
A Bluesky spokesperson said they had seen ‘quite the influx of UK accounts over the last two weeks’ (Alamy/PA) -

Monzo has become the first UK digital bank to launch contents insurance as challengers continue to take on mainstream lenders with in-app products designed to be fast and flexible.

Research by the bank found that millions of renters could have about £12,000 of belongings unprotected.

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