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Qover

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Can a European embedded-insurance orchestration platform become the default white-label MGA infrastructure for banks, fintechs and mobility brands across the EU and UK?

Founded2016
HQBrussels, Belgium
FoundersQuentin Colmant, Jean-Charles Velge
Total raised$100M+
Latest roundGrowth capital facility, 2026
IndustryInfrastructure / Embedded Insurance
The story

Founded 2016 in Brussels as a pan-European embedded insurance orchestration platform. Built an API-first MGA model that lets brands embed insurance into their products across 32+ countries while Qover handles policy, regulatory, claims and customer care. Increasingly positioned as the infrastructure layer banks use to become MGAs themselves — exemplified by the 2026 ING partnership, which moves Qover from distribution tooling to white-label MGA-enablement.

Last 12 months
2026-04
2026-04
2026-03
2026-01
Product timeline
2016
Qover founded in Brussels by Quentin Colmant and Jean-Charles Velge as a digital insurance MGA.· pivot
2019
Expanded API-first embedded insurance platform across Europe.· banking
2022
Closed $30M Series C funding round.· banking
2026
Secured $12M growth capital facility from CIBC Innovation Banking; total raised exceeds $100M.· banking
2026
Partnership with ING for MGA insurance model serving 800,000 customers.· pivot
Regulated entities
2
regulatory licences held by Qover
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
In the press
embeddedfinancereview.com ↗
Coverage sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2025-04-23
BMW and Mini Ireland Launch Embedded Car Insurance with Qover
BMW and Mini Ireland launch embedded car insurance with Qover enabling online policy management. Why this integrated approach differs from automotive rivals.
qover
Source · Embedded Finance Review ↗
The stack
0 layers disclosed in Qover’s embedded-finance stack
Accounting gap: none