17 January 2024

Insurtech unicorn Zego launches business van insurance

Written By FinTech Alliance in InsureTech

Insurtech unicorn Zego launches business van insurance

The tailored solution for van drivers sits alongside a range of delivery, business and courier insurance products

In brief:

- Motor insurer Zego is expanding its product range to business van insurance, catering specifically to businesses relying on vans for operations, Zego has sold more than 3,000 policies since its initial release at the end of 2023.

- The new product is instead designed to address the specific insurance requirements of businesses where vans are a “fundamental aspect of their day-to-day work”.

- Zego, which became the UK’s first insurtech unicorn in 2021 when it raised a $150m Series C funding round, has so far provided more than 40 million policies insured more than 400,000 vehicles.

What does this mean?

“We are thrilled to officially introduce our Business Van Insurance product, which reflects our continued dedication to providing tailored solutions for van drivers,” Zego CEO Sten Saar said.“This product, like all of our insurance solutions, is a testament to Zego's commitment to innovation and to meeting the evolving needs of a growing range of customers."

Read more here.

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