PriyaPatel
TLDR: UK Insurtech Qover Introduces Motor Insurance Solution
Qover, an insurtech focused on creating a global safety net through insurance, has launched its motor insurance solution in the UK. This expansion follows a year of growth and industry recognition, including key partnerships, securing an FCA license, and recognition by the World Economic Forum.
Key features of Qover’s motor insurance offering:
- Embedded insurance orchestration: Qover’s platform orchestrates digital insurance programs for Original Equipment Manufacturers (OEMs) and mobility companies, leveraging their existing insurance captive or traditional insurance partnerships.
- Digital and advanced customer journeys: Qover integrates insurance into OEMs’ omnichannel offerings and user journeys.
- Tailored coverage: Qover’s motor insurance product offers customizable coverage to meet the specific needs of OEMs.
- Fast digital claims processing: Qover’s claims process is designed for swift and effective resolution.
- Advanced performance analytics: Qover uses technology to produce advanced data analytics, ensuring transparency on insurance programs.
Quentin Colmant, CEO and Co-founder of Qover, stated that the expansion into the UK market is a pivotal step towards creating a global safety net with insurance. Qover aims to challenge the industry status quo and deliver high-quality service to its partners in the UK.
