Zego (company)
From WikiAlpha
Zego is a London based insurtech company known for providing flexible Vehicle insurance, personal and commercial insurance.[1]
History
Zego was founded in 2016 by former Deliveroo employees Sten Saar and Harry Franks, alongside Stuart Kelly, former Head of Engineering at Hubble.[2] The company originally began operating in the motor insurance market but later expanded into other areas of insurance.[3]
In 2018, Zego started offering insurance policies in Ireland[4] and in Spain.[5] In 2020, the company started offering private hire taxi insurance policies to Uber drivers.[6][7]
In 2022, Zego launched SDP insurance for courier drivers.[8]
Funding
Since 2016, Zego has raised over $150M in Series C funding and is Valued at $1.1 Billion.[9][10][11][12] [13]
Awards and honors
- 2017 - Named a Virgin Media Business Disruptor to Watch [14]
- 2018 - Featured in Wired Magazine’s annual list of the 100 hottest startups in Europe.[15]
- 2018 - Nominated in the SME and Start-Up category at the 2018 Evening Standard Business Awards[16]
- 2018 - Featured in the 2018 InsurTech 100 list of the world’s most innovative insurtech companies.[17]
References
- ↑ Gangcuangco, Terry. ""Insurance had to change" - Zego launches new product" (in en). http://www.insurancebusinessmag.com/uk/news/breaking-news/insurance-had-to-change--zego-launches-new-product-105758.aspx.
- ↑ UK, Rob Price, Business Insider. "A startup founded by ex-Deliveroo employees thinks it has solved a costly problem for couriers". https://www.businessinsider.com/zego-startup-ex-deliveroo-employees-pay-as-you-go-insurance-gig-economy-workers-2017-7.
- ↑ 2018-07-11T10:28:00+01:00. "Gig economy start-up launches pay-as-you-go public liability cover" (in en). https://www.insurancetimes.co.uk/gig-economy-start-up-launches-pay-as-you-go-public-liability-cover/1427660.article.
- ↑ Hamilton, Peter (21 September 2018). "Pay-as-you-go insurer for gig economy enters Irish market" (in en). https://www.irishtimes.com/business/financial-services/pay-as-you-go-insurer-for-gig-economy-enters-irish-market-1.3636251.
- ↑ "Economía/Finanzas.- La compañía de seguros flexibles bajo demanda Zego comienza a operar en España". 2018-12-12. https://www.lavanguardia.com/vida/20181212/453524939781/economiafinanzas--la-compania-de-seguros-flexibles-bajo-demanda-zego-comienza-a-operar-en-espana.html.
- ↑ Shubham Sharma,"British insurtech startup Zego accelerates into the Netherlands" (in en). 19 January 2022. https://www.uktech.news/insurtech/zego-expansion-netherlands-france-20220119.
- ↑ Clare Ruel,"BZego and QBE expand Partnership" (in en). 22 November 2022. https://www.insurancetimes.co.uk/news/zego-and-qbe-expand-partnership/1443085.article.
- ↑ "Entrepreneurs: Changing insurance with deals for the gig economy" (in en). 17 September 2018. https://www.standard.co.uk/business/entrepreneurs-meet-the-innovators-changing-insurance-with-deals-for-the-gig-economy-a3937971.html.
- ↑ "Zego Raises $150M in Series C; Valued at $1.1 Billion" (in en). 12 March 2021. https://www.finsmes.com/2021/03/zego-raises-150m-in-series-c-valued-at-1-1-billion.html.
- ↑ Callum Burroughs,"Zego is Europe's newest unicorn, valued at $1.1 billion after a $150 million round led by DST Global and General Catalyst" (in en). 10 March 2021. https://www.businessinsider.com/zego-gig-economy-insurance-startup-raises-150m-dst-gc-2021-3?r=US&IR=T.
- ↑ "Zego Raises $150m Series C To Accelerate Its Growth In The Commercial Motor Insurance Market" (in en). 10 March 2021. https://www.balderton.com/news/zego-raises-150m-series-c-and-sets-sights-on-becoming-a-global-insurance-company/.
- ↑ "Zego Becomes First Insurtech Unicorn after raising 150m" (in en). 10 March 2021. https://www.insurancetimes.co.uk/news/zego-becomes-first-insurtech-unicorn-after-raising-150m/1436731.article.
- ↑ "Zego picks up £6M Series A led by Balderton for its gig economy worker insurance" (in en-US). TechCrunch. 19 November 2017. https://techcrunch.com/2017/11/18/zego/.
- ↑ "Fast Track - Zego | Virgin Media Business" (in en-GB). https://www.virginmediabusiness.co.uk/insights/fast-track-zego/.
- ↑ Franklin-Wallis, Oliver (2018-08-28). "The hottest startups in London". Wired UK. ISSN 1357-0978. https://www.wired.co.uk/article/best-startups-in-london-2018.
- ↑ "2018 Evening Standard Business Awards: the shortlist nominees revealed" (in en-GB). Evening Standard. https://www.standard.co.uk/business/2018-evening-standard-business-awards-the-shortlisted-stars-revealed-a3834206.html.
- ↑ "InsurTech 100 – The world's most innovative InsurTech companies that every leader in the insurance industry needs to know about" (in en-US). http://fintech.global/insurtech100/.
- ↑ "Zego Picks Up Deloitte Award" (in en). 24 November 2021. https://insurance-edge.net/2021/11/24/zego-picks-up-deloitte-award/.
