Belgian insurtech Qover has announced that it is launching an on-demand insurance package for Wolt couriers in Finland, Norway and Denmark. The company already covers Deliveroo riders in Europe and the UK, and is looking to confirm its market leadership in embedded insurance for the gig economy.
Qover’s platform enables a seamless and flexible insurance experience that is perfectly suited to the gig economy. As soon as Wolt riders log into the app, they will automatically be covered by accident insurance that covers personal injuries, including up to €7,500 of medical expenses.
Qover CEO Quentin Colmant: “I’m very proud that, going forward, we will also cover Wolt couriers. I couldn’t think of a better way to expand our operations into the Nordics than by protecting riders of the leading food delivery platform.”
“We have gathered a wealth of experience in the gig economy. I’m confident that we will hit our next milestone of protecting 100,000 individuals by the end of the year while maintaining our 90% customer satisfaction score,” Colmant explains.
Qover was able to carve out a niche for itself by offering an alternative to the complexity of traditional insurance. Companies in this new economy appreciate Qover’s centralized and harmonized processes with access to a partnership manager who demystifies insurance, as well as flexible pay-as-you-go pricing and the ability to expand into other countries quickly.
With the addition of these three new countries, the Belgian insurtech will now be active in eleven countries.
In the UK companies like Zego are blazing a trail for delivery rider/driver insurance, also utilising a PAYG model, with policyholders logging in via smartphone app.