’By entering the UK, we are well-positioned to extend our innovative solutions,’ says chief executive
Qover has launched its motor insurance solution in the UK, a statement released yesterday (18 January 2024) said.
The insurtech’s modular platform orchestrates digital insurance programmes for original equipment manufacturers (OEMs) and mobility companies.
It also leverages technology to produce advanced data analytics, ensuring transparency on insurance programmes.
The firm is expanding its product to the UK in line with its goal of covering all European markets by the end of 2025.
“By entering the UK, one of the largest and most dynamic insurance markets in the world, we are well-positioned to extend our innovative solutions that empower businesses and individuals through seamless insurance experiences,” Quentin Colmant, chief executive and cofounder of Qover, said.
Growth
Plans to expand across Europe follows a year of growth for the insurtech.
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For example, it formed partnerships with motor industry players like NIO, Fisker and Zeekr, as well as securing an FCA license.
As well as the UK, its motor solution is also currently available in Austria, Belgium, Denmark, France, Germany, Portugal, Spain and the Netherlands.
“This expansion serves as a pivotal step towards realising our vision of creating a global safety net with insurance,” Colmant said.
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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