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Jove Insurance

Flexible digital insurance for contractors, freelancers, and SMEs

Distribution & Sales Startup Seed
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Overview

Jove Insurance is a digital insurance distribution platform for contractors, freelancers, and small-to-medium enterprises. The company targets self-employed professionals in the UK and EU, offering professional indemnity, public liability, and employer liability coverage through a fully digital, API-first interface. Coverage is delivered in under 90 seconds with no paperwork, and policies are designed for the gig economy with monthly subscription and pause-and-resume options.

The platform is built API-first, enabling embedding of insurance validation and enrollment into third-party recruitment platforms and freelancer marketplaces. Flexible contract terms (3-9 months) are available through partnerships with A-rated carriers. Jove is authorized and regulated by the UK Financial Conduct Authority (FRN 977188).

Jove secured a GBP 3.6M seed round in late 2024 led by Explorer Investments, with additional backing from Seed X, Love Ventures, and Portfolio Ventures. Earlier funding includes a USD 1.6M convertible note and a GBP 600k pre-seed round. The company launched a pan-European business liability product covering 30 EU countries in January 2025, and entered a digital insurance programme partnership with Chubb (UK) in May 2025 targeting tech contractors.

Products & Services

Professional Indemnity Insurance

Coverage for financial loss claims arising from professional advice or services rendered. Designed for consultants, technology specialists, creative freelancers, and digital service providers.

Key Features

  • Instant digital underwriting with no paperwork
  • Monthly subscription model with flexible pause option
  • Project-based and 3-9 month contract terms

Target Users: Contractors, IT consultants, creative freelancers

Public Liability Insurance

Protects against third-party injury or property damage claims resulting from a contractor's work. Required by many UK clients and contracts for on-site work.

Key Features

  • Bundled with professional indemnity or standalone
  • Digital certificate issuance upon enrollment
  • Designed to satisfy contractual compliance requirements

Target Users: Contractors working on-site, tradespeople, field service professionals

Employer Liability Insurance

Mandatory UK coverage for businesses employing staff. Covers claims from employees for injury or illness arising from working conditions.

Key Features

  • Complies with UK Employers' Liability (Compulsory Insurance) Act
  • Integrated with the core Jove SME package
  • Digital onboarding with instant confirmation

Target Users: Small business owners and SMEs with employees

Pan-European Business Liability Insurance

Extends coverage across 30 EU countries for small businesses operating cross-border. Launched January 2025.

Key Features

  • Single policy covering multiple EU jurisdictions
  • Borderless coverage model for cross-country contracting
  • Simplified enrollment via the Jove digital platform

Target Users: Freelancers and SMEs working with EU clients

Recruitment Business Insurance Scheme

A partnership-oriented product integrating insurance validation into recruitment firm onboarding workflows.

Key Features

  • Real-time insurance verification during candidate onboarding
  • API integration with recruitment agency systems
  • Reduces compliance friction for staffing firms

Target Users: Recruitment agencies, staffing platforms

At a Glance

Founded
2024
Headquarters
London, United Kingdom
Employees
11-50
Funding
Seed

Category & Focus

Category
Distribution & Sales
Subcategories
Embedded Insurance Digital Storefront API Distribution
Insurance Verticals
P&C Commercial Specialty/E&S
Target Customers
Consumers, Brokers, Agents/Agencies

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Last updated: 2026-06-03