Qover

About Qover

Qover provides a modular embedded insurance orchestration platform that integrates insurance services into existing products, enabling businesses to offer tailored coverage across 32 European countries. This technology simplifies the insurance process, reduces operational costs, and enhances user experience by streamlining claims handling and policy management.

<problem> Traditional insurance programs often lack the flexibility to adapt to the specific needs of modern businesses and their customers, resulting in generic coverage and inefficient processes. Integrating insurance into existing digital experiences can be complex, costly, and time-consuming, hindering businesses from offering tailored protection to their users. </problem> <solution> Qover provides a modular platform for embedded insurance orchestration, enabling businesses to seamlessly integrate customized insurance solutions into their existing products and digital experiences. Through a suite of APIs, a managed tech platform, and AI-enabled claims processing, Qover simplifies the complexities of insurance, allowing businesses to configure insurance setups, manage policy lifecycles, and handle claims efficiently. The platform supports a wide range of insurance products across 32 European countries, offering businesses the flexibility to use their own risk carriers or choose from Qover's trusted network. By providing real-time data and analytics, Qover empowers businesses to track program performance, make informed decisions, and add value for their users. </solution> <features> - Modular platform with API suite for policies, distribution, dashboard, and claims management - AI-enabled claims processing for quick payouts and customer satisfaction - Real-time dashboard for data and analytics to track program performance - Customizable UX flows for insurance policy sign-up and claims filing - Support for various insurance types, including accident, mobility, purchase, property, and travel - Risk carrier management with the option to use existing carriers or Qover's network - Legal and compliance specialists to handle cross-border regulations and data security - Multilingual customer care and claims teams with high satisfaction scores </features> <target_audience> Qover primarily serves businesses across various sectors, including financial services, fintech, automotive, mobility, retail, and e-commerce, seeking to enhance their customer experience and drive revenue through embedded insurance solutions. </target_audience>

What does Qover do?

Qover provides a modular embedded insurance orchestration platform that integrates insurance services into existing products, enabling businesses to offer tailored coverage across 32 European countries. This technology simplifies the insurance process, reduces operational costs, and enhances user experience by streamlining claims handling and policy management.

Where is Qover located?

Qover is based in Brussels, Belgium.

When was Qover founded?

Qover was founded in 2016.

How much funding has Qover raised?

Qover has raised 70300000.

Location
Brussels, Belgium
Founded
2016
Funding
70300000
Employees
139 employees

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Qover

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Executive Summary

Qover provides a modular embedded insurance orchestration platform that integrates insurance services into existing products, enabling businesses to offer tailored coverage across 32 European countries. This technology simplifies the insurance process, reduces operational costs, and enhances user experience by streamlining claims handling and policy management.

qover.com10K+
cb
Crunchbase
Founded 2016Brussels, Belgium

Funding

$

Estimated Funding

$50M+

Team (100+)

No team information available.

Company Description

Problem

Traditional insurance programs often lack the flexibility to adapt to the specific needs of modern businesses and their customers, resulting in generic coverage and inefficient processes. Integrating insurance into existing digital experiences can be complex, costly, and time-consuming, hindering businesses from offering tailored protection to their users.

Solution

Qover provides a modular platform for embedded insurance orchestration, enabling businesses to seamlessly integrate customized insurance solutions into their existing products and digital experiences. Through a suite of APIs, a managed tech platform, and AI-enabled claims processing, Qover simplifies the complexities of insurance, allowing businesses to configure insurance setups, manage policy lifecycles, and handle claims efficiently. The platform supports a wide range of insurance products across 32 European countries, offering businesses the flexibility to use their own risk carriers or choose from Qover's trusted network. By providing real-time data and analytics, Qover empowers businesses to track program performance, make informed decisions, and add value for their users.

Features

Modular platform with API suite for policies, distribution, dashboard, and claims management

AI-enabled claims processing for quick payouts and customer satisfaction

Real-time dashboard for data and analytics to track program performance

Customizable UX flows for insurance policy sign-up and claims filing

Support for various insurance types, including accident, mobility, purchase, property, and travel

Risk carrier management with the option to use existing carriers or Qover's network

Legal and compliance specialists to handle cross-border regulations and data security

Multilingual customer care and claims teams with high satisfaction scores

Target Audience

Qover primarily serves businesses across various sectors, including financial services, fintech, automotive, mobility, retail, and e-commerce, seeking to enhance their customer experience and drive revenue through embedded insurance solutions.

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