Insurtech
EGF V | EGF VI | EGF VII

Invested In

2026

Divested In

Investment Rationale

Zego is a commercial motor insurtech and a leading insurer of gig-economy drivers. Its proprietary telematics engine turns real driving behaviour into sharper pricing, stronger fraud detection and better claims outcomes, letting it profitably underwrite risks that legacy insurers misprice, an advantage that compounds as it grows. Its capital-efficient model pairs a Managing General Agent with its own regulated carrier.

Strategy

Building on its lead in gig-economy insurance, Zego will expand into commercial vans and specialist cover for underserved drivers, sharpen its data-driven pricing edge, and grow both its distribution and its own carrier capacity, scaling toward a durable cost and pricing lead across the UK and adjacent European markets.