Volta Trucks, an all-electric commercial vehicle manufacturer and services provider, has partnered with InsurTech Qover and Helvetia International Automotive to provide its customers with an all-electric fleet insurance.
Established in 2016, Qover designs, builds and distributes innovative digital insurance solutions that it makes available over open API across Europe to help fast-growing companies. The company claims more than 800,000 people in Europe are protected by Qover today.
The specialised insurance cover for Volta Trucks’ customers will be managed by Qover and insured by Helvetia International Automotive, a division of the S&P A+ rated Swiss insurance company with over 160 years of insurance experience.
Volta Trucks’ customers will be offered tailored motor insurance, through Qover and Helvetia, with bespoke, adjustable cover levels based on each fleet-use case.
According to Volta Trucks, this is delivered by a simple and seamless end-user experience, supported by digital tools, from quote to subscription and claim, with any repair work undertaken by Volta Trucks’ own high-quality repair experts within the manufacturer’s network.
The partnership between Volta Trucks and Qover will be available to all customers in Volta Trucks’ launch markets across the EU and in the UK. Helvetia insurance products will be available to customers in the initial European countries: in France, Spain, Germany and Netherlands. Other countries across Europe and Scandinavia will follow in due course.
Casper Norden, chief fleet solutions officer of Volta Trucks, said, “The partnership between Volta Trucks, Qover and Helvetia breaks new ground for the commercial vehicle industry as an important part of our Truck as a Service offer. Through our close customer engagement, we know that traditional insurers sometimes don’t understand the differences and opportunities of an all-electric truck versus the legacy internal combustion-engine vehicle they’re used to insuring.
“The partnership with Qover and Helvetia resolves this issue and is yet another example of how Volta Trucks is supporting our customers on their accelerated journey to sustainable and zero-tailpipe emission operations.”
Earlier this year, Qonto, a European business finance solution, partnered with embedded insurance orchestration provider Qover to streamline its insurance operations.
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