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Zego

From EverybodyWiki Bios & Wiki

Zego
Private
ISIN🆔
IndustryInsurance
Founded 📆2016
Founders 👔Sten Saar, Harry Franks, & Stuart Kelly
Headquarters 🏙️, ,
Area served 🗺️
Members
Number of employees
🌐 Websitewww.zego.com
📇 Address
📞 telephone

Zego is a London based insurtech company known for providing flexible Vehicle insurance, personal and commercial insurance.[1]

History[edit]

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[edit]

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[edit]

  • 2018 - Featured in the 2018 InsurTech 100 list of the world’s most innovative insurtech companies.[17]

References[edit]

  1. Gangcuangco, Terry. ""Insurance had to change" - Zego launches new product". Insurance Business. Retrieved 25 November 2022.
  2. UK, Rob Price, Business Insider. "A startup founded by ex-Deliveroo employees thinks it has solved a costly problem for couriers". Business Insider. Retrieved 25 November 2022.
  3. 2018-07-11T10:28:00+01:00. "Gig economy start-up launches pay-as-you-go public liability cover". Insurance Times. Retrieved 25 November 2022.
  4. Hamilton, Peter (21 September 2018). "Pay-as-you-go insurer for gig economy enters Irish market". The Irish Times. Retrieved 25 November 2022.
  5. "Economía/Finanzas.- La compañía de seguros flexibles bajo demanda Zego comienza a operar en España". La Vanguardia. 2018-12-12. Retrieved 25 November 2022.
  6. Shubham Sharma,"British insurtech startup Zego accelerates into the Netherlands". uktech.news. 19 January 2022. Retrieved 25 November 2022.
  7. Clare Ruel,"BZego and QBE expand Partnership". insurancetimes.co.uk. 22 November 2022. Retrieved 25 November 2022.
  8. "Entrepreneurs: Changing insurance with deals for the gig economy". Evening Standard. 17 September 2018. Retrieved 25 November 2022.
  9. "Zego Raises $150M in Series C; Valued at $1.1 Billion". finsmes.com. 12 March 2021. Retrieved 25 November 2022.
  10. 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". businessinsider.com. 10 March 2021. Retrieved 25 November 2022.
  11. "Zego Raises $150m Series C To Accelerate Its Growth In The Commercial Motor Insurance Market". balderton.com. 10 March 2021. Retrieved 25 November 2022.
  12. "Zego Becomes First Insurtech Unicorn after raising 150m". insurancetimes.co.uk. 10 March 2021. Retrieved 25 November 2022.
  13. "Zego picks up £6M Series A led by Balderton for its gig economy worker insurance". TechCrunch. 19 November 2017. Retrieved 25 November 2022.
  14. "Fast Track - Zego | Virgin Media Business". www.virginmediabusiness.co.uk. Retrieved 25 November 2022.
  15. Franklin-Wallis, Oliver (2018-08-28). "The hottest startups in London". Wired UK. ISSN 1357-0978. Retrieved 25 November 2022.
  16. "2018 Evening Standard Business Awards: the shortlist nominees revealed". Evening Standard. Retrieved 25 November 2022.
  17. "InsurTech 100 – The world's most innovative InsurTech companies that every leader in the insurance industry needs to know about". Retrieved 25 November 2022.
  18. "Zego Picks Up Deloitte Award". insurance-edge.net. 24 November 2021. Retrieved 25 November 2022.

External links[edit]