Zego

Commercial motor insurance provider

Fintech
B2B
Cars
Insurance

See open opportunities

Company mission

To provide businesses and people with insurance they control, saving them both time and money.

Employees

201-500

HQ Location

City of London, London, UK

OTTA INSIGHTS

Some candidates hear
back within 2 weeks

45% female employees

-26% employee growth in 12 months

Otta's take on Zego

Theo Margolius headshot

Theo Margolius

COO of Otta

Zego was early to see the trend towards the gig economy. It was one of the first companies to offer unique insurance to workers in the space (their first products were focused on transport-related insurance for food delivery workers). ⁣

The traditional rigid model of insurance is no longer fit for purpose. The world is becoming more urbanised, and the vehicle economy in particular is moving away from traditional ownership to shared use.⁣

Success in this space requires strong partnerships with big underwriters, so there's defensibility for the companies that crack it. Zego is off to a good start here as one of the first movers, having struck up partnerships with huge underwriters like RSA.⁣

Zego is the first insurtech company in the UK to be awarded a licence to underwrite its own insurance products. This allows them to provide innovative policies, alongside working with their insurer partners. ⁣

The company is aiming big. The CEO recently said they expect to be bigger than Allianz, the $100bn insurance giant, by 2030. They launched in Spain, France and Belgium in 2019 and are planning further expansion across Europe in 2020.⁣

In September 2019, Zego sold more than 100 million hours of flexible insurance policies - equivalent to 250m pizza deliveries. This shows the huge presence they now have in the market.

Total funding - $201.4m

Last 2 fundraises

Jun 2019

$42m

SERIES B

Mar 2021

$150m

SERIES C

This company has top investors

Company benefits

    🌍 benefits

  • Truly flexible approach to work, enabling Zegons to manage their work-life balance
  • 🌍 Company-wide benefits

  • £1,000 contribution towards your travel to the office or learning and development
  • 🇬🇧 UK benefits

  • Share options enabling all Zegons to become shareholders
  • £1,000 contribution towards your travel to the office or learning and development
  • Company-paid private medical insurance, including dental & optical cover
  • Company-paid life insurance and income protection insurance
  • Company pension scheme
  • A wide range of perks and discounts through PerkBox
  • Up to 15 company-paid coaching or therapy sessions a year
  • Cycle to Work scheme
  • 25 days annual leave (excl. bank holidays) with the opportunity to buy up by 5 additional days
  • Employee Assistance Programme offering 24/7 confidential advice line for health, legal & bereavement support (and loads more)
  • Enhanced family leave, with 6 months fully paid maternity leave and 6 weeks fully paid paternity leave
  • Up to 3 months sabbatical leave with one month paid after 3 years of service
  • Trans and non-binary policy including additional paid leave for transitioning medical treatment

Company values

  • Take the wheel: We’re drivers, not passengers. We embrace ownership and trust and empower others to do the same. We make good on our commitments. We always find a way to do the right thing for our customers, Zego and Zegons
  • Blaze a trail: We think differently. We’re curious and creative. We’re disrupting an industry so we look ahead and experiment, learn, and evolve. We value innovation from incremental improvement, just as much as we do from big, bold ideas
  • Drive to win: We demand the best of ourselves and inspire each other to demand the same. We are impact-driven and prioritise accordingly. We work smart, look after our well-being and foster a safe, productive environment. We make progress every day because we're here to win
  • Zego before ego: We are strongest when we work as one team, connecting our ideas and actions to bring the best of Zego to every opportunity. We care about each other. We celebrate diversity, nurture belonging, and appreciate how every Zegon’s uniqueness makes working here fun

Founders

Head of Operations at Onefinestay and Operations Director at Deliveroo.

Operations Manager at Onefinestay and Global Head of Procurement at Deliveroo.

Manager of Front End at Onefinestay, Head of Engineering at Hubble.


People progressing

Sam joined Zego as Senior Content Manager but has progressed to become Head of Brand and Comms at Zego.

Jack joined Zego in Customer Support but took advantage of the internal mobility scheme to move over to the Marketing Team.

Diversity & Inclusion at Zego

  • Zegons are at the heart of everything we do. That’s why it's vital we create the conditions that enable us to both attract and retain exceptional and diverse talent and to drive outstanding performance through a highly engaged culture. At Zego, we are dedicated to creating a healthy, safe, and engaging culture, that places the utmost importance on the principles of diversity, inclusion, and belonging
  • We cannot speak about attracting and retaining top talent without these vital principles playing an essential part in our everyday culture, including our hiring process. Our understanding of diversity is not limited to the typical characteristics of gender, orientation, or race, but also encompasses accessibility, thought, social mobility, and experience. We aim for every Zegon to play an active role in contributing to our culture, as well as empowering them to attain valuable career growth and experiences

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Zego is hiring for 8 jobs on Otta!


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