Brussels - Belgian InsurTech Qover and Deliveroo announce the launch of an insurance package for Deliveroo riders in Italy, Spain, Ireland, The Netherlands and Belgium. The announcement demonstrates the power of Qover’s technology and the ability to create cutting-edge insurance products adapted to the reality of the new economy. Qover raised EUR 7 M and counts 30 Ninja’s since its inception 2 years ago.
The insurance is offered by Deliveroo for free to all riders that are logged on to it’s drivers app. The challenge for Deliveroo was to find a supplier that is able to offer a flexible insurance, and has the technology to identify when drivers are working.
Quentin Colmant, Co-Founder of Qover: ”Deliveroo is an ideal partner for us, they were looking for a tailormade on demand insurance package which sits at the core of our business model. The majority of our clients and partners are active in the new economy. We’ve invested heavily in our technology and doing insurances the right way but we understand the need for flexibility and speak the same language as these new players.”
Mathieu De Lophem, General Manager for Benelux reacts as well: “Deliveroo is excited to work with a Belgian company that is able to create new quality insurance products for our drivers. Working with a high profile company such as Qover shows how we like to contribute to the Belgian economy.”
The accident insurance (Qover with XL Catlin) covers personal injuries for all riders, including for up to €7,500 of medical expenses as well as for up to 75 percent of average gross income while incapacitated. Deliveroo riders will be able to claim for the costs of their absence if they are unable to work as a result of an injury while working.
Cyclists with the company will also have access to public liability insurance (Qover with La Parisienne Assurance) which covers them up to €5 million and covers riders.
The insurance cover also has measures to pay for hospital stays – €50 per overnight stay up to two months – and up to €2,000 for dental treatment. Permanent incapacity and death are also covered.
Earlier this year Qover also announced deals with Toyota, the car sharing platform Poppy (D’Ieteren Group) and Immoweb .