Helvetia, a prominent Swiss insurance company with a rich legacy of 160 years in the insurance sector, has selected Qover, a leading player in embedded insurance orchestration, as its strategic insurtech collaborator to revolutionise the European automotive insurance landscape.
Together, they are introducing an industry-first pan-European automotive insurance offering, operating under the Freedom of Services framework.
This groundbreaking partnership heralds a new era for automotive insurance throughout Europe. It departs from the traditional multi-local model and embraces the innovative Freedom of Services approach, a response to the intricate landscape of automotive insurance characterised by stringent regulations and unique market demands.
Helvetia has designated Qover as its preferred insurtech partner, leveraging Qover’s specialised capabilities for swift pan-European deployments, seamless programme launches, and a unified user experience.
Qover’s modular platform offers a comprehensive suite of services tailored to insurers, brokers, and automotive enterprises. This encompasses API-driven integrations, user acquisition channels, automated eligibility verifications, customizable pricing engines, B2B dashboards, data-driven insights and analytics, and dedicated customer support.
“Helvetia International Automotive is a pioneering and innovative ecosystem for the automotive and mobility industry, providing OEMs and customers with the answer to their expectations and requirements. Partnering with Qover to develop pan-European motor insurance allows us to set a new standard in responsiveness and adaptability, ultimately benefiting both our partners and their customers,” said Tilo Schroiff, Head of Helvetia International Automotive.
“This partnership with Helvetia marks a significant milestone for Qover. Together, we’re not just changing the landscape of European automotive insurance – we’re redefining it. Our modular platform is designed to deliver tangible value to our partners, ensuring they can offer seamless, customer-centric insurance solutions. This collaboration embodies our commitment to innovation and excellence in embedded insurance orchestration,” said Quentin Colmant, CEO and Co-founder of Qover.
The automotive insurance programme supports renowned automotive companies including Fisker, NIO, Volta Trucks, Lucid, Nito, Electricbrands and NIU.
Source: FF News
