Aviva and Zego have announced a new multi-year partnership which will provide fleet policies for trade and haulage businesses.

Launched in 2016, Zego is a privately held start-up with a value of more than $1 billion, which the company said makes it the UK’s first InsurTech unicorn.

The companies will combine Zego’s behavioural insight, data, and telematics capabilities with Aviva’s expertise in fleet underwriting and claims.

“Our partnership with Zego is a great example of how innovation can drive customer centricity, broker solutions and growth,” said Maria Crockart, digital trading and automation director, Aviva. “Working with Zego builds on our telematics knowledge with a partner who has a proven track record using data and analytics.

“We look forward to developing tailored propositions aligned to customer usage and we anticipate that the relationship will broaden to include other insurance products in the future.”

Sten Saar, chief executive, Zego, said: “It’s a privilege to be teaming up with Aviva, a company with so much heritage in the insurance industry. We are excited to bring our experience of insuring hundreds of fleets across tens of thousands of miles on a weekly basis. We believe this usage-based, data-led approach is the future of the insurance market and we are proud to be leading the way by partnering with Aviva to deliver this to trades and haulage customers.”

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