Company Research Report: Zego

Company Overview

• Name: Zego

• Mission: Zego is committed to providing good drivers with the lowest insurance prices, aiming to revolutionize traditional motor insurance by offering simpler, more affordable options tailored to driving performance.

• Founded: Established in 2016.

• Founders: The founding members are not explicitly mentioned in the provided data.

• Key People: Specific key individuals in the company are not listed.

• Headquarters: Zego is headquartered at 7th Floor Exchange House, 12 Primrose Street, London, EC2A 2BQ, United Kingdom.

• Number of Employees: No information is available.

• Revenue: No information is available.

• What the Company is Known For: Zego is known for motor insurance solutions supporting various driver needs, offering flexible insurance policies, and integrating telematics for enhanced driver savings.

Products

Zego Insurance Products

• Description: Tailored for food and parcel delivery drivers using personal cars.

• Key Features: Flexible delivery insurance adaptable for hourly, monthly, or annual coverage; compatible with major platforms like Amazon and Just Eat.

• Description: Designed for self-employed taxi drivers working alone or with services like Uber and Bolt.

• Key Features: Monthly or annual insurance options, public liability included, potential savings with safe driving.

• Description: Provides coverage for scooters and motorbikes used in deliveries and personal usage.

• Key Features: Delivery coverage by the hour, month, or year; supports major delivery platforms.

• Description: Comprehensive insurance for vans used in personal trips or business activities.

• Key Features: Tailored for couriers, contractors, and tradespeople; covers tools, equipment, personal items, and offers optional extra protection.

• Description: A telematics-based insurance solution for private hire and business van policies.

• Key Features: No need for a black box, driving performance and safety insights, potential discounts on renewals based on safe driving.

Recent Developments

• New Partnerships:

• Zego has partnered with companies like Synectics and Brake to expand and enhance its insurance solutions.

• Product Launches:

• Launch of Zego Business Van Insurance to cater specifically to van drivers in business operations.

• Introduction of Sense, an app-based telematics insurance that rewards safe driving with savings.

• Partnerships and Expansion:

• Zego has formed partnerships with Aviva and Ryde, indicating strategic expansion.

• It has launched operations in the Netherlands and expanded collaboration with ABAX.

• Innovative Solutions:

• Transformation of claims handling processes to improve customer support experiences.

• Accomplishments:

• Zego has sold over 65 million policies and services 445,000 drivers, indicating substantial market penetration.

No Information is Available:

• Founders' names.

• Specific revenue figures.

• The current number of employees.