Bike insurance coverage supplier Qover forays into Nordics

Insurtech agency Qover has expanded the attain of its bike insurance coverage answer to cowl Sweden, Finland, Norway and Denmark.

The providing is already accessible in Belgium, France, Germany, Italy, the Netherlands, Portugal, Spain and the UK.

Qover’s API is alleged to assist prospects purchase insurance coverage, with complete safety and emergency help, by including it to their cart with only one click on.

The insurtech stated that the direct integration of insurance coverage into the buying course of presents extra alternatives for bike producers, retailers and shops to have interaction with their prospects following the preliminary sale.

Its omnichannel answer permits the addition of insurance coverage in-store. Clients can full their transactions on-line or offline.

The protection is energetic round the clock within the case of motorcycle theft, tried theft or theft following an assault.

Qover CEO and co-founder Quentin Colmant stated: “Qover’s first push into bike insurance coverage got here in 2019 as Cowboy revamped the bike market with its new e-bikes. By 2020, we began our Pan-European progress, so this enlargement is a logical step towards creating a way of safety for our companions’ prospects around the globe.

“From occasional riders to every day commuters, we’re proud to assist create a way of safety that retains prospects returning to the manufacturers they belief.”

Through the first 36 months, the coverage doesn't apply depreciation to the bike’s worth.

It additionally covers materials injury brought on by vandalism, accident, animals or pure components in addition to refund of the restore prices.

In Germany, the Netherlands, France and Belgium, the coverage covers bike towing and the rider’s journey dwelling. Else, the shopper is supplied with emergency money.

Commenting on the newest enlargement, Qover chief income officer Parker Crockford stated: “By including these 4 key nations to our rising record, Qover is now offering easy accessibility to bike insurance coverage in 12 nations, making certain prospects are lined after they want it most – in order that they will reside their lives to the fullest by the manufacturers they love.”

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