Jove provides UK freelancers, sole traders and small business owners with instant, digital insurance that can be activated in under 90 seconds. Its FCA‑regulated, monthly‑subscription policies offer flexible professional indemnity, public liability and employer liability coverage that adapts to each contract and works for clients worldwide, eliminating paperwork and long wait times.
Funding
$4.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
6OEIFounders
Product
Problem
UK contractors and freelancers often face insurance that is slow to obtain, filled with legal jargon, and designed for traditional office-based businesses, leaving them exposed to gaps—especially when working with international clients or on short‑term projects.
Solution
Jove offers an FCA‑regulated, digital insurance platform that provides instant coverage in under 90 seconds. Users select a monthly subscription that automatically adjusts to the specific risks of their contract, including professional indemnity, public liability, and employer liability. The service integrates with recruitment agencies for seamless compliance verification and removes geographic restrictions, allowing contractors to work with clients worldwide. Claims are handled via a simple email process with a target response time of 48 hours, supported by real‑person assistance. This model eliminates paperwork, reduces waiting times, and ensures continuous, appropriate protection for self‑employed professionals.
Target Audience
Primary customers are UK‑based freelancers, sole traders, and small business owners across a wide range of professions who need flexible, project‑based insurance coverage.
Features
- Instant digital policy issuance in under 90 seconds with no paperwork or phone calls
- Monthly subscription model that aligns coverage with the duration and scope of each contract
- Tailored risk options covering professional indemnity, public liability, and employer liability
- Borderless coverage that supports work for international clients without UK‑only restrictions
- Automated compliance validation with recruitment agencies and other third‑party platforms
- Claims processing via email with a 48‑hour turnaround and dedicated support staff
- Backed by A‑rated insurers and fully FCA‑regulated for trust and reliability