Qover, a leading InsurTech company focused on building a global safety net through insurance, and Helvetia, a Swiss insurer with a strong international presence, have announced an expanded collaboration to strengthen their joint offerings across multiple product lines and markets.
The partnership builds on a successful track record between the two firms, evolving into a comprehensive framework designed to foster innovation and growth, according to FF News.
By combining resources, the companies will collaborate on embedded and omnichannel insurance solutions that respond to shifting customer behaviours and expectations.
The agreement will allow both companies to scale operations and capture growth in the embedded insurance sector, a market projected to reach $30bn by 2030. Industry research by EY forecasts that by 2028, over 30% of all insurance transactions will be embedded, reflecting strong demand for these solutions.
In 2024, Qover and Helvetia successfully supported more than 80,000 policyholders across 10 programmes. With this progress, Qover aims to extend its footprint in 2025 by targeting new regions while continuing to enhance customer experiences across multiple channels.
Quentin Colmant, CEO and co-founder of Qover, said, “With this long-standing partnership with Helvetia, we’re combining cutting-edge technology with pan-European scalability to deliver quality solutions tailored to consumer needs. We’re proud to collaborate with Helvetia to create seamless, intuitive insurance experiences for customers across multiple platforms, reflecting our shared commitment to innovation and excellence.”
Tilo Schroiff, head of Helvetia International Automotive, said, “We are excited to be strengthening and expanding our long-standing collaboration with Qover, a key platform partner within our Helvetia International Automotive ecosystem and beyond. This will enable us to offer our customers an expanded range of comprehensive, integrated products and drive further internationalisation within the European Economic Area.”
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