Zego gets Gibraltarian insurance licence
InsurTech Futures: The CEO anticipates that about 20% of Zego's business will be done through the newly-authorised carrier.
InsurTech company Zego has been awarded a licence to operate as an insurer in Gibraltar.
The licence enables Zego to act as a carrier and build and sell its own products and essentially have a Gibraltar-domiciled and regulated provider business in addition to its other activities.
The firm said that it will remain working alongside its insurer partners and that the licence will enable it to innovate with new policies and analyse and implement product changes in less than 24 hours.
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