Zego News

UK Insurtech Zego Expands in Europe, Targeting £20B Fleet Insurance Market

Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France, while aiming to identify other target territories during 2022. The company, which became the UK’s first insurtech unicorn last year, …

Electric Scooter Providers Plan Selective Expansion, Seeking Scale to Survive

The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as they face tougher regulations, more demanding customers and wary insurers. Hurt badly by global coronavirus lockdowns last year, companies offering …

Zego, Supported by Swiss Re, Teams Up with bp to Insure Electric Vehicles in London

Commercial motor insurer Zego, with support from Swiss Re, has teamed up with bp, an integrated energy company, to provide professional insurance for bp’s electric vehicle trial in London, called “bp EV Pro.” The package is designed specifically for ride-hail …

UK Insurtech Zego Launches Flexible Cover for Food, Grocery Delivery Businesses

Zego, the London-based insurtech and commercial motor insurance provider, has launched two new flexible insurance products for moped and e-bike fleets in the UK. The new products, developed in partnership with Wakam, enable businesses in the fast-growing food and grocery …

Zego Becomes UK’s 1st Insurtech Unicorn After Fundraising Values Company at $1.1B

Commercial mobility insurer Zego has become the UK’s first insurtech unicorn after raising $150 million, valuing the company at $1.1 billion. The London-based business will now accelerate the expansion of its product offering across Europe and beyond. The latest round …

UK Insurtech Zego Partners with Irish Mobility Startup Brite to Offer Electric Fleet Cover

Irish mobility startup Brite has partnered with London-based mobility insurance provider Zego to expand its fleet offering of e-mopeds, e-scooters and e-bikes across Ireland. The partnership between Brite and Zego means that businesses, university campuses and delivery services that use …

UK Insurtech Zego Gets Dutch Broking License, Enabling Post-Brexit Growth in EU

Zego, the London-based fleet and mobility insurance provider, has received a broking license from the Dutch regulator AFM. The license provides a foundation for the company’s continued expansion across Europe, enabling it to work with EU-based insurance partners and customers, …

UK Insurtech Zego Buys Telematics Firm Drivit to ‘Revolutionize’ Insurance Pricing

Zego, the London-based mobility insurance provider and the first UK insurtech to be awarded an insurance license, has acquired telematics company, Drivit. The deal, which will enable Zego to collect real-time driver behavior data in-house, signals the company’s intent to …

UK Insurtech Zego Partners with 2 Independent Broker Networks to Expand Fleet Offering

London-based insurtech Zego has partnered with two of the UK’s biggest networks of independent brokers that sit within Bravo Group. Zego will benefit from access to a community of over 700 brokers, more than 60% of the UK independent broking …

Insurtech Zego Partners with E-Scooter Firm, Ginger, to Insure 1st UK E-Scooter Trial

London-based insurtech Zego has partnered with e-scooter company, Ginger, to provide insurance for the UK’s first ever e-scooter trial, which has just launched in the Tees Valley, a city region in the north east of England. The partnership follows the …