InsurTech Futures: Zego teams up with WeFlex on fleet

car-smog

The provider is offering the 700-strong car leasing business an insurance policy featuring insights into driver behaviour.

InsurTech insurance firm Zego is to offer cover to car leasing firm WeFlex, which provides vehicles to platforms such as Uber. 

The insurance consists of a tailor-made pricing model, which Zego said it creates through analysing every aspect of the fleet and its drivers’ historic behaviour.

According to Zego the technology it uses will collect data from black boxes in real time, offering WeFlex an insight into the behaviour of its customers, enabling it to better understand risks and enhance

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Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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