Zego, previously known as Tego, is a London-based on-demand insurance provider which is making insurance flexible and more accessible for customers, and to manage their own policies in a usage based fashion.
Zego offers a range of flexible motor, professional and commercial insurance options. Choose the one that’s right for you to get started.
Zego was founded in 2016 by Sten Saar, Harry Franks, and Stuart Kelly. The company is headquartered in Hackney, London, London.
Zego offers commercial motor insurance for businesses, from self-employed drivers and riders to fleets of vehicles, spanning pay-as-you-go insurance to annual policies. It combines tech with multiple data sources to offer insurance products that it claims save time and are more cost-effective.
Zego has become a key partner in the U.K.’s burgeoning e-scooter rental market, partnering with companies like Tier, Voi and Dott. Its technical/data integrations include those with companies in the ride-hailing space, such as Uber, Ola and Bolt, and in the delivery space, such as Deliveroo, Uber Eats and Just Eat.
Zego has provided more than 17 million insurance policies and covered more than 200,000 vehicles in five countries. It also runs a Zoom-style videoconferencing platform called TalkLine, according to the company.
Zego is backed by Balderton Capital, Tencent, Target Global, DST Global, Qiming Venture Partners, IDG Capital, General Catalyst, LocalGlobe, Isfield Investments and others. The company raised $150M in Series C round on Mar 10, 2021. This brings Zego's total funding to $201.7M to date. The Series C round valued Zego at $1.1B post-money.