The launch follows Jove’s successful £3.6 million seed funding round, which has fueled product development and expansion.

The offering provides comprehensive coverage for small businesses across 30 EU countries, including creative industries, media, engineering, and consultancy firms.

Key features of this new product include:

• Borderless Coverage: Provides global coverage for businesses and employees working with clients across Europe, the US, and Canada, eliminating traditional geographic restrictions.
• Flexible Subscription Model: Offers monthly subscriptions, allowing businesses to adjust coverage based on their needs and avoid long-term commitments.
• Enhanced Broker Portal: Streamlines the policy purchase process for brokers, enabling instant quotes and significantly reducing processing times.

Amanda Cai, CEO of Jove, commented, saying: “Jove’s mission is to empower businesses specifically, with innovative and flexible insurance solutions. Our Pan-European Business Liability Insurance and broker portal redefine accessibility, making it easier for businesses to operate globally and for brokers to serve clients efficiently.

She added: “This product launch positions Jove as a challenger in the European insurance sector, leveraging cutting-edge technology and a customer-first approach to outpace competitors.”