Qover, a Belgian insurtech specialising in embedded insurance orchestration, has launched its innovative motor insurance solution in Ireland. It enables car manufacturers, mobility providers, fleets, and leasing providers to provide embedded insurance programs across Europe.
This expansion into Ireland comes after Qover snapped $30 million in Series C funding back in 2023.
This expansion is part of its goal to cover all European markets by the end of 2025. Already, the insurtech has launched in 10 countries within 36 months, with an average go-live time of just 3 months per country, showcasing its capability to quickly adapt and integrate into new regions.
What does it offer?
Qover’s motor insurance offering in Ireland is designed to meet market needs and deliver optimal user acquisition programs, through a dedicated team of motor insurance experts. Its features include:
- Embedded insurance orchestration through Qover’s fully managed tech platform, claims and customer support, and insurance services.
- Seamless integration of insurance programs into omnichannel offerings and user journeys, ensuring the insurance experience serves as a brand extension to motor partners.
- Fast digital claims processing for effective and efficient claims resolution.
- Pan-European programs leveraging localised knowledge and methodologies for user acquisition, facilitated through global partnerships with insurers and local businesses.
- Advanced performance analytics providing transparency of insurance programs to all partners and end users.
As Qover expands its footprint into the Irish market, the company envisions bringing a fresh perspective to motor insurance, challenging the industry status quo, and delivering high-quality service to its partners.
What does the company do?
Founded by Quentin Colmant and Jean-Charles Velge in 2016 in Brussels, Qover is an insurtech that adds tailored cover to a company’s digital experience, enriching its value proposition and driving the user behaviours that fuel growth.
Its embedded insurance orchestration enables any company to harness the power of technology to embed insurance as a native component of or add-on to their core product or service. With its platform, embedded insurance becomes a powerful tool for businesses to enrich their value proposition, enable their success, and protect their communities.
Its modular embedded insurance orchestration platform is already in use by leading companies such as Revolut, Qonto, Monzo, ING, Monese, Fisker, Nio, Volta Trucks, Niu, Lucid and many others.
