Zego to offer drivers free 14-day cover for coronavirus cases

Digital insurance platform Zego is now offerings customers who have been forced to self-isolate due to coronavirus with up to 14 days of free cover.

The move has come to help alleviate some of the financial strains felt by its customers unable to earn money during the period.

London-based Zego is an online insurance solution which covers UK delivery and ride-hailing workforce.

With the new offer, Zego customers who have fallen ill or suspect they have Covid-19 to claim up to two weeks of free cover when they renew their policy.

The startup was founded in 2016 to provide flexible insurance solutions to the gig economy. Since then, the company has sold over 100 million hours’ worth of insurance policies and raised a $42m Series B funding round.

Zego CEO and co-founder Sten Saar said, “Zego was founded to provide opportunity through flexible insurance and fair pricing. In these uncertain times, we will be doing everything we can to ensure customers continue to feel those benefits, and are not weighed down by fixed costs if they are unable to work.

“We will keep trying to build solutions to make our customers’ lives easier, and are working hard as a team to meet new challenges as they arise. This job is being made much easier by our partners, including La Parisienne Assurances, who have been incredibly responsive and helpful during this process.”

Earlier in the money, the French regulator ORIAS gave InsurTech Zego a French insurance broker licence.

Copyright © 2020 FinTech Global

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