Qover's orchestration platform gains traction with major automotive and new mobility players

Published date
March 14, 2023
In a nutshell

InsurTech pioneer Qover has announced it will provide its innovative embedded insurance orchestration platform to premium EV original equipment manufacturers (OEMs) NIO, car subscription platforms Stiilt and JustRent, electric trucks OEM Volta Trucks and electric smart moped manufacturer NIU.

Qover's orchestration technology is enabling deep transformation in the automotive industry, enabling OEMs and new mobility platforms to move away from fragmented multi-local insurance programs to offer a single digital customer experience, all over Europe.

By simplifying the insurance process – and by helping OEMs drive down TCO and improve safety by sharing and understanding vehicle data – the InsurTech is helping to usher in a new era of automotive innovation. Qover is removing one of the major obstacles to the adoption of technologies like EVs and pioneering concepts such as mobility-as-a-service – helping accelerate the transition to a more sustainable and customer-centric future of driving.

"By breaking down the barriers to adoption, Qover is driving innovation and facilitating a better customer experience," says Quentin Colmant, CEO & Co-founder of Qover.

Crucially, Qover's technology is helping OEMs adapt to the changing automotive landscape, where vehicles are becoming more than just transportation and transforming into technology platforms. This presents new opportunities for OEMs to expand their offerings and create better experiences for customers, without the need to start from scratch, due to Qover’s unique ability to integrate into any existing infrastructure.

Quentin Colmant, CEO & Co-founder of Qover, says: “If insurance is a lever for innovation, Qover’s platform is a game changer. For too long, the automotive industry has been hampered by a lengthy and complicated insurance process, which has made the transition to electric vehicles and new driving concepts such as mobility-as-a-service unnecessarily difficult. By breaking down the barriers to adoption, Qover is driving innovation and facilitating a better customer experience. With Qover's technology, customers can feel confident in their choices and get the coverage they need to protect their vehicles.”

Qover's pan-European embedded insurance orchestration platform provides seamless digital insurance experiences to more than 2.5 million users across 32 different countries. In the automotive industry, Qover operates in Austria, Belgium, France, Germany, the Netherlands, Portugal and Spain, and is planning to open six additional key European markets in 2023. Qover’s suite of services and products service two different types of needs: OEM affinity programs and new mobility fleets. Qover has a unique and innovative approach to Pan-European motor programs thanks to its freedom-of-service approach.

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Chief Fleet Solutions Officer of Volta Trucks, Casper Norden, adds: “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 resolves this issue and is a great example of how we’re supporting our customers on their accelerated journey to zero tailpipe emission operations.”

Commenting on the partnership, CEO of JustRent, Alexandre Machado said: “"At JustRent, we are constantly seeking ways to enhance our customer experience and provide the best possible service. Our partnership with Qover is a testament to this commitment, as it will enable us to offer our customers a seamless and streamlined experience. We are thrilled to be embedding this value-added service into our offering and believe that it will help us to further cement our long-term relationship with Qover. By working together, we can continue to innovate and improve our services to meet the evolving needs of our customers in the mobility subscription field.”

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CEO & Cofounder of Stiilt, Anthony Novarese comments: "Qover's embedded insurance orchestration platform is a game changer for the automotive industry, especially in the EV market. Our customers can now purchase vehicles with the right insurance product, making the process simpler and more efficient. We look forward to working with Qover to revolutionise the industry and provide the best customer experience."

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"As a leading provider of smart mobility solutions, we are committed to providing our customers with the best experience possible. Our partnership with Qover allows us to offer a comprehensive insurance solution that meets the needs of our customers.”

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Managing Director Europe Business of NIO, Chris Chen adds: "Our partnership with Qover will help our customers purchase vehicles with ease, thanks to the embedded insurance orchestration platform. We believe this is a game changer for the industry.”