The partnership includes Zurich’s participation in Qover’s ongoing Series C funding round and highlights Zurich’s commitment to finding new avenues for distributing innovative insurance products and services that meet the needs of customers in a convenient and timely manner.
Through its collaboration with Qover, Zurich aims to leverage technological advancements and industry expertise to expand its embedded insurance offerings, furthering its commitment to delivering customer-centric insurance solutions in an increasingly digitalised world.
Qover, founded in 2016 with a mission to simplify the future of insurance, operates a technology-enabled distribution platform that enables businesses to integrate customised insurance products seamlessly into their digital experiences through a single integration. This centralised approach allows for efficient and swift integration of tailored insurance solutions across various digital platforms. Currently, Qover operates in 32 European markets, serving a diverse range of customers.
Jack Howell, CEO of Zurich Global Ventures, expressed admiration for Qover’s customer-centric approach, stating, “What makes Qover stand out for me is its deep understanding of what customers are looking for: a way to make getting insurance as simple and convenient as possible. The combination of its know-how about embedded insurance, our long-standing expertise, and global footprint is a win-win for our distribution partners and customers.”
Quentin Colmant, CEO and co-founder of Qover, emphasized the potential of the partnership to deliver enhanced protection to businesses and individuals in a rapidly changing world, saying, “By combining our technology and expertise, we’ll be able to push boundaries, providing businesses and individuals even more convenient and timely protection they need in a changing world.”
Zurich Global Ventures, launched in 2020, plays a pivotal role in Zurich’s strategy to develop innovative and digital services that empower customers to choose insurance products that align with their priorities. The portfolio of Zurich Global Ventures encompasses a wide range of solutions, including travel, health and wellbeing, employee benefits, cyber insurance, device protection, digital partnerships, and mobility solutions.
Source: Zurich
