London insurtech expands European footprint with e-scooter deal

A London-based insurtech has partnered with partnered with a European micro-mobility company as part of its ongoing expansion.

Zego, which specialises in flexible insurance for the ‘gig economy’, has secured a deal with e-scooter startup Dott to insure its fleet across France and Belgium.

Amsterdam and Paris-headquartered firm Dott will integrate Zego’s insurance policy into its sign up process as part of the deal.

Founded in 2016, Zego has since expanded its B2B offering to cater to the new mobility market, providing bespoke policies for fleets of vehicles.

The deal comes less than a month after the London-based firm secured $42m in Series B investment to scale up operations and continue with its European expansion.

Sten Saar, CEO and co-founder of Zego, commented: “We believe that companies such as Dott represent the future of mobility and we want to enable the growth of this exciting new industry by creating insurance models which suit its needs and can unlock its potential.

“For this form of transport to be widely adopted and welcomed by all, it’s essential that e-scooters come with the right insurance without causing inconvenience for riders.”

Maxim Romain, CEO and co-founder of Dott, added: “Zego’s offer is exactly what we were looking for and we are particularly proud to be the first scooter-sharing company to integrate this type of insurance coverage, without increasing costs for our customers.”