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BRITS will spend almost £82,000 on deliveries over the course of their adult lifetime, research has revealed.The most common item being dropped off b

Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Leading the London-based company’s C round — giving it a $1.1 billion valuation and a unicorn status — is DST Global. Other […]

Zego has expanded beyond its initial focus on providing commercial motor insurance to gig economy workers

UK Insurtech Unicorn: Zego Raises $150 Million at $1.1 Billion Valuation Insurtech Zego says it has raised $150 million at a $1.1 billion valuation thus emerging as the UK’s first Insurtech unicorn. Zego is an automobile insurance provider for businesses, from entire fleets of vehicles to self-employed drivers and riders. Zego believes that the problem with traditional insurance is its too expensive and time-consuming, and it no longer suits businesses who use vehicles to earn money. To date, Zego has raised $200 million. The latest round of funding (said to be the largest ever raised by ...

Motor insurance startup Zego has secured unicorn status with a valuation of more than $1bn after its latest funding round.