The two firms are excited about the use of data ’to drive pricing, risk selection and customer insight’
Insurtech unicorn Zego and insurer QBE have expanded their existing partnership to cover individuals who use their own vehicle for work purposes.
In an announcement this week (22 November 202), the insurer confirmed its support of Zego’s car 30 day and flex policies, which are aimed at full-time delivery drivers working more than 25 hours per week.
Zego plans to engage with a smaller group of strategic partners to further firm up these offerings, the statement continued.
QBE initially teamed up with Zego in August 2022, backing its fleet insurance proposition.
Jon Dye, director of underwriting for motor at QBE, said: “Earlier in the year, we were excited to partner with Zego to support [its] courier fleet portfolio.
”Zego’s innovation in the insurtech sector is very much aligned with QBE’s desire to modernise and use more data points to drive pricing, risk selection and customer insight.”
Building on a ‘successful relationship’
Sten Saar, Zego’s chief executive, added: “[This] news reflects the successful relationship we’ve enjoyed with QBE to date.
”Extending our partnership to deliver more tech enabled, behaviour led insurance products to these customers emphasises our and QBE’s passion for innovation around data and the benefits it can provide drivers – particularly in the current climate.
”We are excited to see our partnership with QBE evolve as we continue to build our customer proposition.”
Read: Zego inks deal with QBE to expand telematics-based fleet insurance offering
Read: Fleets see 30% fewer claims by adopting telematics – Zego
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