Zego has partnered with European e-scooter firm Dott to provide insurance for its fleet across France and Belgium. London-based Zego’s policy will be integrated into Dott’s sign-up process. This will ensure all users have comprehensive cover, while Dott absorbs the cost of the insurance, rather than the riders. The partnership with Dott marks the arrival of Zego in France and Belgium. Zego has grown 900% in the last 12 months and recently secured $42m in a Series B funding round led by Target Global, to support its expansion strategy into Europe. Sten Saar, CEO and co-founder of Zego, said: “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, said: “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. Our goal is to make this sector more professional, more responsible and therefore more sustainable.” Zego was founded in 2016 to provide flexible insurance for gig economy workers and has expanded into the mobility market. It offers a range of policies from minute-by-minute insurance to annual cover. So far, it has provided over 75 million hours of insurance protection to over 34,000 vehicles Loading ... Dott was launched in 2018 and has since introduced its e-scooter service to Paris, Lyon, Brussels, and Milan. It also received a recent funding round, $23m in December 2018, and has announced another $34m Series A investment today. The company hopes to launch e-bikes by the end of 2019.
London-based flexible insurance provider Zego has made its debut in France and Belgium, following a partnership with e-scooter firm Dott. The company is offering customers the option of buying an annual policy for €1,000 (£720) or paying monthly premiums that can be as high as €1,500. Zego's European expansion was funded by a recent $42m series B round, led by Target Global.