Zurich Announces Strategic Partnership with Embedded Solutions Insurtech Qover
Zurich Announces Strategic Partnership with Embedded Solutions Insurtech Qover
Zurich Insurance Group (Zurich) has announced a strategic partnership with Qover, an insurtech based in Belgium, as part of its efforts to expand its embedded insurance capabilities.
Zurich Announces Strategic Partnership with Embedded Solutions Insurtech Qover

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

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