25.01.22 - FOR IMMEDIATE RELEASE

  • The partnership will see UNIQA underwriting a range of insurance products with Bikmo for the European cycle market
  • January 1st 22 saw the first launch with Bikmo Ireland including supporting their partners Cycling Ireland and Triathlon Ireland
  • Their ambitions include growing Bikmo Cycle Insurance further in Europe and developing new products to support the cycle sector

Cycle insurance specialist Bikmo GmbH and Liechtenstein-based UNIQA Versicherung AG launch their partnership to drive insurance innovation in the European cycling market.

Combining Bikmo’s specialist cycling market experience, commercial partnerships and innovative insurance technology platform with UNIQAs underwriting expertise will help accelerate Bikmo’s ambition of protecting the world’s riders.

The partnership will target consumers and companies involved in the fast-growing European cycling market, driven by changing behaviours during the pandemic, significant investment into cycling infrastructure across Europe and strong growth in electric bike sales.

Insurance product development will include extending consumer cycle insurance in Europe, working with cycle brands and retailers on embedded insurance at the point of sale, growing their bike-leasing insurance offering, and commercial insurance products for companies involved in the cycle sector.

Bikmo CEO David George said “The speed to respond and deliver our first project together was a record for Bikmo which gives us huge confidence in the numerous current projects and future opportunities.

The combination of Bikmo’s experience and expertise in the cycling and outdoor sectors combined with UNIQAs insurance expertise and agility within the European market makes for a winning combination.“

UNIQA Liechtenstein CEO Carsten Abraham said “Customer centricity and sustainability are the two core values of Bikmo, which makes them a perfect match for UNIQA Liechtenstein’s own business ambitions. We are proud to support them on this (bicycle) run.”

About Bikmo

Bikmo is an award-winning cycling insurance specialist who invests in technology to protect the world’s cyclists. They insure bikes, kit and riders across the UK, Ireland, Germany and Austria. With offices in Chester, UK and Innsbruck, Austria, Bikmo employ over 35 cycling geeks. Learn more about the team and their commitment to sustainable business through the BCorp certification at bikmo.com

For more information, please contact;

  • David George / Julian Reitter
  • +43 720 230408
  • support@bikmo.com

About UNIQA Liechtenstein

UNIQA Liechtenstein, based in Vaduz,  with more than 25 years of expertise in the global risk distribution & diversification market, belongs to UNIQA Insurance Group AG in Vienna. UNIQA Liechtenstein has implemented a new business model to act as a central risk carrier for digital and alternative MGA models. Check out at www.uniqa.li

For more information, please contact;

  • Carsten Abraham / Mihail Arnaudov
  • + 423 237 50 11

info@uniqa.li