on-demand insurance News

The Gig Economy, Auto Insurance and Surplus Lines

Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor vehicles continue to expand and evolve, as do businesses and their automobile insurance needs, especially in the gig …

UK Insurtech Zego Gets Dutch Broking License, Enabling Post-Brexit Growth in EU

Zego, the London-based fleet and mobility insurance provider, has received a broking license from the Dutch regulator AFM. The license provides a foundation for the company’s continued expansion across Europe, enabling it to work with EU-based insurance partners and customers, …

UK Insurtech Zego Buys Telematics Firm Drivit to ‘Revolutionize’ Insurance Pricing

Zego, the London-based mobility insurance provider and the first UK insurtech to be awarded an insurance license, has acquired telematics company, Drivit. The deal, which will enable Zego to collect real-time driver behavior data in-house, signals the company’s intent to …

UK Insurtech Zego Partners with 2 Independent Broker Networks to Expand Fleet Offering

London-based insurtech Zego has partnered with two of the UK’s biggest networks of independent brokers that sit within Bravo Group. Zego will benefit from access to a community of over 700 brokers, more than 60% of the UK independent broking …

Insurtech Zego Partners with Telematics Firm ABAX to Lower Fleet Insurance Costs

Insurtech Zego has partnered with global telematics firm ABAX in a move designed to drive down the cost of insurance for fleet owners. While some fleets already use on-board telematics devices to improve efficiency, many still operate without them, said …

Insurtech Zego Expands Partnership with RSA to Provide Cover for UK Van Fleets

London-based insurtech Zego has expanded its partnership with RSA Insurance to provide flexible cover for van fleets. Zego is offering usage-based policies to delivery, courier or trade van fleets of 20-200 vehicles in the UK – reducing upfront costs for …

Why Small Business Liability Insurance Must Be Advanced Into the Digital Age

Liability insurance as we know it no longer suits a large fraction of today’s and tomorrow’s small-business owners. Brokers and insurers are at a crossroads on how to serve small businesses’ changing needs in the on-demand economy. The industry’s one-size-fits-all …

Startup Zego Becomes 1st U.K. Insurtech to Get Insurance License

Zego has become the first ever U.K. insurtech to be awarded its own insurance license, which will enable it to build and sell its own products. While Zego will still work in tandem with its growing network of insurer partners, …

On-Demand Insurance to Play Major Role in Industry’s Future: IUA Research

On-demand insurance will play a fundamental role in the future of the industry, according to research published by the International Underwriting Association (IUA). Pay-as-you go models of cover will allow customers to automatically activate policies, when and where they need …

SkyWatch.AI Launches On-Demand Drone Insurance in UK, Underwritten by Chaucer

SkyWatch.AI, the on-demand, telematics-based insurance platform, has launched in the United Kingdom following last year’s launch in the United States. SkyWatch.AI’s UK policies will be underwritten by specialty insurance and reinsurance group Chaucer. SkyWatch.AI is offered by on-demand, usage-based specialized …