Zego has partnered with grocery delivery start-up Dija to insure its fleet of e-bikes.
The partnership is the insurtech’s first commercial e-bike policy, following its recent launch of two new flexible insurance products designed to cover e-bike and moped fleets in the UK.
Zego’s third party and accident policy will provide Dija’s e-bike fleet with fixed-term annual cover charged monthly instead of the company having to pay a large upfront fee.
Dija will also be able to add and remove e-bikes from its policy through Zego’s fleet portal, where the company can track how many of their e-bikes are insured, as well as which e-bikes.
Fleet businesses can maintain greater control over cashflow and make savings through its insurance products, says Zego.
In 2020, Zego partnered with telematics specialist ABAX to offer fleets a new usage-based insurance policy. The company also expanded its partnership with RSA Insurance to provide flexible cover for van fleets.
Zego says with its new e-bike and moped fleet products, policies can go live in one week and allow fleets to scale their fleet in size and to expand them to include other vehicles.
Ines Feraci, director of B2B from Zego, said: “The Covid-19 pandemic has seen a huge increase in demand for food and grocery delivery platforms and has opened the door to new operators in the space.
“We are excited to be teaming up with Dija, a startup with huge potential, to launch our first ever commercial e-bike policy.
"Businesses in this sector are completely reliant on their vehicles and we want to give them flexible insurance products which help to maximise their fleets’ potential while minimising costs.”
Alberto Menolascina, founder and CEO at Dija, said: “Our partnership with Zego will enable us to assume greater control over our cash flow, which in turn will enable us to prioritise our funds on things like international expansion and hiring.
"For a fast-growing start-up like ourselves, this is exactly the kind of flexibility that we need.”