Vehicle Interruption Cover for Uber Drivers in the UK Qorus-NTT DATA Innovation in Insurance Awards 2025- Nominated
Submitted by
Allianz Partners
Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are...
United KingdomCategory
Social, Sustainable & ResponsibleKeyword
Insurance, Digital channels & Omnichannels, Targeted-niche offerings, ESG & Sustainability, Car & Mobility insurance, Embedded finance & Super appsBusiness Line
Motor insurance, Income protectionDistribution Channel
Partners
Innovation presentation
Allianz Partners & Indeez launched Vehicle Interruption Cover (VIC) in the UK, as a result of a dynamic co-creation journey and part of our existing strategic collaboration with Uber. This initiative aims to protect the income of Uber drivers if they are unable to work, e.g. when their vehicles are immobilized due to an accident.
Addressing the gig economy's need for a safety net, this initiative ensures drivers' livelihoods remain secure. The launch with Uber in UK serves as the pioneering market, with plans for expansion across Europe and to other gig economy players.
The product offers a substantial support for Uber drivers who are unable to work and earn money. The provided lump sum in the event of an accident helps compensate for the lost earnings resulting from vehicle immobilization.
The seamless integration via the Uber app is powered by Indeez's advanced technology and showcases innovation at every stage, from a Pay-per-Mile system, offering flexible and cost-effective protection through a usage-based model, and API-based enrolment. This initiative is part of the broader Allianz Partner Protection Programme already in place with Uber in UK and aligns with Allianz Partners' strategic vision to be an active leader and enabler in gig economy insurance solutions.
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