InsurTech Zego has reported strong results and launched a new consumer insurance product.

The firm significantly strengthened its financial position in 2024, cutting its net loss to £4m – a substantial improvement from £34m net loss the previous year.

The company returned to monthly profitability by year-end and has maintained strong momentum into 2025, setting the stage for continued growth and innovation.

Alongside profitable underwriting performance and improved customer outcomes, Zego also expanded into the personal car insurance market, giving more drivers greater control over their premiums and making insurance more accessible.