Excellent user experience, horrible pricing & future prospects
1
Having been referred by a 3rd party I was pleasantly surprised by how easy and slick it was to use Wrisk. That's about where it ends. Compared to "standard" (albeit rubbish) contents providers, Wrisk pricing is way out, adding two mobile phones to my policy added almost ~£10! then adding a camera and some lenses took it to another £10...taking my policy way over £30p/m. Compared to the prices I got through a comparison site, I would be spending almost 20p/m more. It's interesting as I had a "high" wrisk score, but I guess that goes to show that their ML on their risk based models is not only way out it's probably useless compared to industry standard if their spitting out stupid prices. I'm happy to pay for my stuff, but Wrisk aren't there yet (In-fact pricing wise they're way off) so I can't recommend them. I'd guess that they'll struggle selling B2C and probably focus on selling their tech stack or get bought out, so be warned about your policy.
Reviewed on: 9th January 2020
