Zurich Insurance Group’s Strategic Partnership with Qover: Revolutionizing Insurance Distribution

Zurich Insurance Group (Zurich) has recently unveiled its strategic partnership with Belgium-based Qover through Zurich Global Ventures. As part of this collaboration, Zurich has also participated in Qover’s Series C funding round. This partnership encapsulates Zurich’s commitment to discovering novel methods for disseminating innovative insurance products and services to effectively connect with customers at the right time and place.

Established in 2016 with a mission to streamline the future of insurance, Qover’s technology-enabled distribution platform facilitates global coverage through a single integration. This capability enables businesses to seamlessly incorporate customized insurance products into digital experiences in a centralized manner. Presently, Qover operates across 32 European markets.

CEO of Zurich Global Ventures, Jack Howell, expressed, ‘What sets Qover apart is its profound comprehension of customers’ requirements, aiming to simplify the process of obtaining insurance as much as possible. The synergy between its embedded insurance expertise, our extensive experience, and global reach is a mutually beneficial arrangement for our distribution partners and customers.’

Quentin Colmant, CEO and co-founder of Qover, remarked, ‘Through the fusion of our technology and knowledge, we are poised to break barriers and provide businesses and individuals with even more convenient and timely protection in an evolving world.’

Zurich Global Ventures, launched in 2020, is expediting Zurich’s development of innovative digital services that empower customers to select the insurance options they value most. Its portfolio encompasses solutions in travel, health and wellbeing, employee benefits, cyber, device protection, digital partners, and mobility.

For more information, Qover’s press release can be found here.

An image depicting the seamless integration of insurance technology into digital experiences, symbolizing the innovative partnership between Zurich Insurance Group and Qover.

Our Perspective

As digital consultants at Pinnacle Digital Advisors, we believe that Zurich Insurance Group’s collaboration with Qover signifies a profound shift in the insurance landscape, emphasizing the importance of leveraging technology to offer consumer-centric insurance solutions. This partnership aligns with our philosophy of harnessing digital innovation to enhance customer experiences and expand the reach of innovative insurance products.

Pinnacle Digital Advisors

This article originally published: [https://www.zurich.com/en/media/news-releases/2023/2023-0706-01]

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