The newly introduced coverage, supported by industry giants Zurich and Cover-More, is now accessible to Lydia’s esteemed Black+ cardholders across Belgium, France, Portugal, and Spain.
Since its establishment in 2013, Lydia has successfully secured over US$260 million in funding, cementing its position as a key player in the financial landscape. Boasting a user base exceeding 7 million individuals, Lydia continues to make waves in the industry, with this strategic partnership poised to enhance its array of services.
Cyril Chiche, co-founder and CEO of Lydia, explained: “Our priority was to craft a seamless experience for our Black+ users. We invest significantly in acquiring and maintaining our user base, and aligning insurance experiences with our high standards is key. Qover’s platform capabilities and transparent insights into claims data and program performance empower us to enhance user benefits. Moving forward, we’re committed to refining the insurance experience and backend processes, making Qover the ideal partner for Lydia.”
Quentin Colmant, CEO and co-founder of Qover also commented, saying: “From the outset, it was evident that Lydia had exceptionally high standards. Strict SLAs were a prime example. This was perfectly suited for Qover, where delivering such quality of service and customer satisfaction is inherent to our DNA.”
He added: “We’re eager to see how this partnership evolves, as we push the boundaries of what the fintech landscape can achieve.”
Author: Joanna England
