Insurance giant Aviva and insurtech Zego are partnering to offer data-led fleet policies to trades and haulage businesses, saving operators time and money
Aviva and Zego have formed a multi-year agreement to supply trades and haulage companies with customised fleet plans.
Zego’s behavioural insight, data, and telematics capabilities will be combined with Aviva’s experience and expertise in fleet underwriting and claims in this alliance. Through direct sales and brokers, the two businesses will offer usage-based and flat rate policies to trades and haulage fleets in the UK that operate between five and 500 vehicles.
“It’s an honour to be partnering up with Aviva, a company with so much heritage in the insurance market,” Sten Saar, CEO of Zego, said of the alliance. We’re thrilled to share our weekly experience insuring hundreds of fleets over tens of thousands of kilometres.
Broadening insurance products
Zego, which was founded in 2016, is the UK’s first insurtech unicorn – a privately held start-up with a market capitalization of more than $1 billion. With its revolutionary use of telematics and use of behavioural data to save fleet managers time and money, Zego has established itself as a leading insurtech.
Fleets that purchase the new insurance will not only benefit from Zego’s telematics solutions, but will also have access to the insurtech’s fleet portal, which allows fleet managers to add and remove drivers, track claims easily, and receive real-time actionable insights that can help them save money at renewal.
“Our cooperation with Zego is a terrific example of how innovation can promote customer centricity, broker solutions, and growth,” Maria Crockart, Digital Trading and Automation Director at Aviva, remarked. Working with Zego allows us to combine our telematics expertise with a partner who has a track record of success with data and analytics. We hope that the connection will grow to encompass more insurance products in the future, and we look forward to establishing customised proposals aligned with consumer usage.”
