Motor insurance provider Zego has teamed up with grocery delivery startup Dija and will insure its fleet of e-bikes.
Zego’s third-party and accident insurance policy will protect Dija’s e-bike fleet with fixed-term annual cover. To remove the burden of paying a large upfront fee, the insurance coverage will be paid monthly.
Dija will also be able to add and remove e-bikes from the policy through the Zego fleet portal. Furthermore, it can track how many e-bikes are insured at any time and which ones are covered. Zego claims this will give them greater transparency and flexibility than compared to another insurer.
Zego director of B2B Ines Feraci said, “The Covid-19 pandemic has seen a huge increase in demand for food and grocery delivery platforms and has opened the door to new operators in the space.
“We are excited to be teaming up with Dija, a startup with huge potential, to launch our first ever commercial e-bike policy. Businesses in this sector are completely reliant on their vehicles and we want to give them flexible insurance products which help to maximise their fleets’ potential while minimising costs.”
Zego recently became the UK’s first InsurTech unicorn, after a $150m Series C put its valuation at $1.1bn.
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