UK-based insurtech Zego has teamed up with Irish mobility start-up Brite Mobility to offer electric fleet coverage for the latter’s e-mopeds, e-scooters and e-bikes in Ireland.
Under the tie-up, Zego will provide insurance coverage for businesses, university campuses and delivery services that use Brite’s fleet of e-vehicles.
Go deeper with GlobalData
Furthermore, the insurtech will price the insurance based on the usage, leveraging the travel data from Brite.
The product flexibility offered by Zego is said to enable Brite to cut down upfront costs and accelerate its growth, expansion and product development using the freed-up funds.
Brite is reportedly the first Irish micromobility company to offer full coverage to its riders.
Founded in 2019, Brite provides zero-carbon shared vehicles to businesses, delivery services and university campuses in select cities across Northern Ireland and Republic of Ireland.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe company is currently gearing up to expand its multi-modal fleet this year, following the Irish government’s move to draft legislation on e-scooter and e-bike regulation.
Commenting on the partnership, Brite Mobility CEO and founder Colin Barry said: “The Zego team helped us solve the main safety issues related to our grid-connected scooters, e-bikes and electric mopeds, which allowed us to focus on running our business and achieving our goals.”
Zego B2B director Ines Feracci said: “It’s companies like Brite that are going to help our cities become much more sustainable over time, especially in Ireland. At Zego, we are delighted to be aligned with these types of businesses and look forward to a lasting relationship with Brite.”
Last December, Zego acquired telematics company Drivit in a bid to bolster its commercial motor insurance offerings.
In September last year, the company partnered with Broker Network and Compass Networks to expand its presence in the broker world and offer its fleet products to a wider pool.
