Belgian insurtech start-up Qover has announced plans to open an office in Paris, France as part of its global expansion strategy.
The company will recruit a team of business development, marketing, and insurance professionals by the end of the year for its Paris office.
Revealing its plan, Qover co-founder Jean-Charles Velge said: “We are thrilled to be launching in France, where the number of independent workers is growing at a considerably faster rate than the EU average.
“Qover has invested heavily in new technology to offer flexible insurance options that address the needs of a rapidly changing economy. We cover more than 20,000 individuals across Europe, more than half of those living in France.”
The company is developing an “Insurance-As-A-Service” platform that will enable the company to serve as a digital wholesaler of white label insurance products.
Leveraging Qover’s open APIs, any business can integrate its insurance products such as travel, car, rental and rider insurance among others.
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Recently, the company announced that its users’ base has exceeded 20,000.
Established in 2016, the company has secured €7m in funding so far.
The startup manages its operations in the Netherlands, Belgium, France, Italy, the UK, Ireland, Spain and Portugal.