With successful operations already established in Austria, Belgium, Denmark, France, Germany, the Netherlands, Portugal, and Spain, Qover aims to encompass all European markets by the end of 2025.
The move into the UK follows a remarkable year for Qover, marked by substantial growth and industry recognition. Noteworthy achievements include forging key partnerships with major motor industry players such as NIO, Fisker, and ZEEKR, securing a coveted FCA license, and being lauded by the World Economic Forum as a “technology pioneer.”Qover’s platform facilitates digital insurance programmes tailored for original equipment manufacturers (OEMs) and mobility companies.
Working in collaboration with existing insurance captives or traditional partners, the platform seamlessly integrates insurance into the omni-channel offerings of OEMs, enhancing user experiences, including those within dealership settings.
Designed to meet the specific needs of OEMs, Qover’s motor insurance product offers adjustable coverage, prioritizing speed and effectiveness in the claims process. Leveraging technology, Qover provides detailed data analytics, ensuring transparency in its insurance programs as it takes significant steps to redefine the landscape of motor insurance in the UK.
Qover CEO and co-founder Quentin Colmant (pictured), said: “This expansion serves as a pivotal step towards realising our vision of creating a global safety net with insurance. By entering the UK, one of the largest and most dynamic insurance markets in the world.”
He added: “We are well-positioned to extend our innovative solutions that empower businesses and individuals through seamless insurance experiences.”