Aviva and Zego have today announced a multi-year partnership to provide tailored fleet policies to trades and haulage businesses. The partnership will pair Zego’s behavioural insight, data and telematics capabilities with Aviva’s experience and expertise in fleet underwriting and claims.
Launched in 2016, Zego is the UK’s first insurtech unicorn - a privately held start-up with a value of over $1 billion. Zego has established itself as a leading insurtech with its novel use of telematics and application of behavioural data to save fleet managers time and money. Usage based and flat rate policies will be available to trades and haulage fleets in the UK containing between five and 500 vehicles via direct sales and brokers. Quotes can be received quickly and fleets powered by Zego will have access to the fleet portal - which allows fleet managers to add and remove drivers with the push of a button, easily monitor claims and receive around the clock, actionable insights, which if engaged with, can dramatically reduce premiums at renewal.
The collaboration brings a fair and flexible approach to fleet insurance that can adapt to customers’ changing needs. Usage-based policies, where insurance is only paid whilst a vehicle is in use, have been a lifeline to many fleets throughout the pandemic, many of which experienced drastic changes to workload throughout lockdowns. Flat rate policies offer a consistent monthly cost and, like usage-based policies, include access to the innovative fleet portal. Both policies offer time-saving functions and the ability to dramatically reduce premiums at renewal if the behaviour led advisories are followed.
Commenting on the partnership, Sten Saar, CEO at Zego, said, “It’s a privilege to be teaming up with Aviva, a company with so much heritage in the insurance industry. We are excited to bring our experience of insuring hundreds of fleets across tens of thousands of miles on a weekly basis. We believe this usage-based, data-led approach is the future of the insurance market and we are proud to be leading the way by partnering with Aviva to deliver this to trades and haulage customers.”
Maria Crockart, Digital Trading and Automation Director at Aviva, added, “Our partnership with Zego is a great example of how innovation can drive customer centricity, broker solutions and growth. Working with Zego builds on our telematics knowledge with a partner who has a proven track record using data and analytics. We look forward to developing tailored propositions aligned to customer usage and we anticipate that the relationship will broaden to include other insurance products in the future.”
Businesses who would like to know more about this proposition should visit Zego.com or email [email protected].
Zego was founded in 2016 and enjoyed immediate success after pioneering flexible price-per-mile insurance. This product, which enables fleet managers and self-employed drivers and riders to pay only when their vehicles are in use, has been critical to the survival of many businesses during the pandemic. Since its foundation, Zego has gone on to revolutionise its fleet insurance product and now supports fleet businesses ranging from two vehicles to some of the largest companies in the world including Amazon, Uber, BP and Deliveroo.

About Zego

Zego is a commercial motor insurance provider that powers opportunities for businesses, from entire fleets of vehicles to self-employed drivers and riders. It combines best-in-class technology with sophisticated data sources to offer insurance products that save businesses time and money.
Since its inception, Zego has believed that the problem with traditional insurance is that it holds businesses back. It’s too expensive and time-consuming, and it no longer suits businesses that use vehicles to earn money. Zego’s products represent a solution to this problem for businesses based across the UK, Europe and beyond.

So far, Zego has raised over $280 million in funding and was the first UK insurtech to be valued at over $1 billion. It was also the first to be awarded its own insurance licence and recently won Tech Company of the Year 2020.
To find out more about careers at Zego visit - www.zego.com/careers

About Aviva
For information on how Aviva is helping our people, customers and communities impacted by COVID-19 visit: www.aviva.com/covid-19-our-response/
We exist to be with people when it really matters, throughout their lives. We have been taking care of people for 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2020, we paid £30.6 billion in claims and benefits to our customers.
Aviva is invested in our people, our customers, our communities and our planet. In 2021, we announced our plan to become a Net Zero carbon emissions company by 2040, the first major insurance company in the world to do so. This plan means Net Zero carbon emissions from our investments by 2040; setting out a clear pathway to get there with a cut of 25% in the carbon intensity of our investments by 2025 and of 60% by 2030; and Net Zero carbon emissions from our own operations and supply chain by 2030. Aviva has been leading this agenda for decades: Aviva was the first international insurer to go operationally carbon neutral in 2006 and we are champions of renewable energy and energy storage at our offices, allowing us to achieve our 2030 carbon reduction target (70% reduction on 2010 levels) 10 years early. Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition at www.aviva.com/sustainability.

Aviva is a Living Wage and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/
We are focused on the UK, Ireland and Canada where we have leading market positions and significant potential. We will invest for growth in these markets. We will also transform our performance and improve our efficiency. Our transformation will be underpinned by managing our balance sheet prudently, reducing debt and increasing our financial resilience. We also have strategic investments in Singapore, China and India.

At 30 June 2021, total Group assets under management at Aviva Group are £522 billion and our Solvency II shareholder capital surplus is £12 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.

For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us

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