Qover

Qover is a Belgian insurtech company founded in 2016 that specializes in embedded insurance orchestration. Its platform enables businesses to incorporate insurance as a native component or add-on to their core product or service offerings. Qover's modular approach allows companies to select specific elements of the insurance value chain they need, such as user acquisition funnels, data analytics, claims handling, and more.

Qover's technology includes a set of insurance APIs that can be easily integrated into a company's app or website, facilitating a seamless customer experience. The platform supports various insurance products, including purchase protection, trip cancellation, bike theft, motor insurance, and others tailored to partners' needs. As of 2023, Qover's platform served over 2.5 million users across 32 European countries.

Qover's embedded insurance orchestration platform is product-agnostic, enabling it to accommodate any insurance product or co-create specific coverage based on partners' requirements. The company works with a network of insurers, currently collaborating with over 12 insurance providers, to source the best offers for its clients.

In November 2022, Qover launched its embedded insurance orchestration technology, allowing businesses to add any insurance program to their existing offerings. This plug-and-play solution promises to transform the industry by providing a modular infrastructure that allows businesses to embed insurance at any point of the user journey.

Key customers and partnerships

Qover has established partnerships with several prominent companies across various industries. In the mobility sector, Qover has partnered with NIO, Fisker, ZEEKR, and Lucid to provide digital insurance programs for car manufacturers and mobility companies across Europe.

In the fintech space, Qover has collaborated with companies like Revolut, Qonto, Monzo, ING, and Monese to offer embedded insurance solutions. For instance, in October 2023, Qover partnered with French banking startup Lydia to introduce travel insurance for Lydia's Black+ cardholders in Belgium, France, Portugal, and Spain, backed by Zurich and Cover-More.

Qover has also forged partnerships with bike manufacturers and retailers to offer comprehensive bike insurance solutions. As of June 2022, Qover's bike insurance was available in 12 European countries, including Sweden, Finland, Norway, Denmark, Belgium, France, Germany, Italy, the Netherlands, Portugal, Spain, and the UK.