Jove launches groundbreaking Pan-European Business Liability Insurance

Jove, a London-based InsurTech, has unveiled its innovative Pan-European Business Liability Insurance product.

Jove, a London-based InsurTech, has unveiled its innovative Pan-European Business Liability Insurance product.

The launch comes after Jove’s successful £3.6m seed funding round, which has enabled the company to drive its product development and expand its reach across Europe, according to InsurTech Insights.

The funding supports Jove’s mission of providing small businesses with affordable and customisable insurance plans, ensuring they have the coverage they need without unnecessary commitments.

Jove’s primary objective is to offer businesses, especially those in creative industries, media, engineering, and consultancy firms, reliable coverage that meets their evolving needs.

The Pan-European Business Liability Insurance product aims to simplify access to comprehensive insurance for small businesses across 30 countries within the EU.

It will provide small businesses across Europe with comprehensive coverage, including global coverage for employees working with clients in Europe, the US, and Canada.

Eliminates the traditional geographic restrictions, the offering will enable businesses to operate across borders without the concern of limited insurance protection.

Key features include a flexible subscription model that allows businesses to adjust their coverage on a monthly basis, without being locked into long-term contracts, and an enhanced broker portal, designed to streamline the policy purchase process.

Brokers now have access to instant quotes and can significantly reduce the time it takes to process policies, providing better service to clients while simplifying the insurance purchasing process.

Amanda Cai, CEO of Jove, said, “Jove’s mission is to empower businesses specifically, with innovative and flexible insurance solutions. Our Pan-European Business Liability Insurance and broker portal redefine accessibility, making it easier for businesses to operate globally and for brokers to serve clients efficiently.” She added, “This product launch positions Jove as a challenger in the European insurance sector, leveraging cutting-edge technology and a customer-first approach to outpace competitors.”

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