Suncorp : Vero, Uber and Cover Genius launch Australia's first pay-per-kilometre rideshare insurance

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Vero, Uber and Cover Genius launch Australia's first pay-per-kilometre rideshare insurance News September 09, 2026 Vero, part of Suncorp, has partnered with Uber and Cover Genius to deliver a new kind of motor insurance that reflects how rideshare drivers use their vehicles, combining personal and rideshare cover in one digital-first experience. Share # Key takeaways The new product brings private and Uber driving together under a single policy, helping to reduce the risk of gaps in cover. The digital-first solution combines a fixed premium for private use with a rideshare premium based on the kilometres driven on the Uber platform. The collaboration demonstrates how customer insight, digital delivery and strong partnerships can come together to help solve an emerging insurance need. The way Australians work is changing. For rideshare drivers, flexibility is central to earning through a platform, but traditional motor insurance does not always align with the way their vehicles move between personal and commercial use. To help address this challenge, the Vero team has worked with Uber and Cover Genius to launch Australia's first rideshare dedicated pay-per-kilometre comprehensive motor insurance product for eligible driver-partners. Available on the Uber platform, the new fully digital coverage option protects driver-partners during both rideshare trips and private use. What does Australia's first pay-per-kilometre rideshare insurance offer drivers? The pricing model is designed to more closely match the amount of rideshare driving completed each month, helping drivers access cover that aligns with how they use the platform. The digital-first solution combines a fixed premium for private use with a rideshare premium based on the kilometres driven on the Uber platform. In months when a driver travels more kilometres on the Uber platform, the rideshare component of the premium increases. When they drive fewer kilometres, it decreases. How can motor insurance better reflect the way rideshare drivers work? Rideshare drivers can face uncertainty when navigating insurance requirements. Relying only on personal comprehensive insurance or compulsory third-party cover may leave some drivers underinsured or without appropriate protection for rideshare activity. The new product brings private and Uber driving together, helping to reduce the risk of gaps in cover. Laura Broughton, Head of Platform Business at Vero, said the product was designed around the realities of rideshare driving. "Rideshare drivers don't all work the same hours from week to week or month to month, so traditional insurance models don't always reflect how they use their vehicle," Ms Broughton said. Head of Platform Business at Vero, Laura Broughton, This product gives drivers a more flexible way to access cover that matches their driving patterns and helps reduce the risk of gaps in protection. The policy includes cover for vehicle damage, theft or loss of the vehicle while it is being used privately or for Uber rideshare driving. Eligible drivers can apply for the insurance directly through the Uber Driver app, creating a simpler, more intuitive experience. How did Vero, Uber and Cover Genius develop this solution? The product brings together Vero's insurance experience, Uber's driver platform and Cover Genius's embedded-protection capabilities. It is an example of how collaboration can create a more personalised insurance experience while responding to changing patterns of work, household budgeting and customers' increasingly digital expectations. "Vero is delighted to partner with Uber and Cover Genius to create a market-leading solution that addresses the changing nature of the workforce, the needs and budgets of Australians and their increasingly digital-first expectations," Ms Broughton said. Uber Australia and New Zealand Head of Driver Operations Daniel Lopez said, "Driver partners look for flexibility and control, and I'm excited that we are now able to offer drivers access to motor vehicle insurance that caters to modern and flexible work. "The proposition is simple. If a driver decides to purchase this optional ridesharing insurance through the Uber app, a pay-per-kilometer mechanism means they're paying exactly for what they need - they pay more in the months they drive more with the Uber app, and pay less when they drive less," Mr. Lopez added. According to Barney Pierce, Chief Business Officer, Cover Genius, the concept of pay-per-kilometre rideshare insurance is another example of the growing preference for embedded, modular and personalised protection. "Companies such as Uber and Vero are leading the way with a flexible mindset and a clear recognition that the way we work, budget, and live has changed," said Mr Pierce. For Vero, the collaboration demonstrates how customer insight, digital delivery and strong partnerships can come together to help solve an emerging insurance need. It also reflects Suncorp's broader focus on developing products and experiences that respond to how Australians live and work today. To access the optional rideshare insurance, drivers simply apply through the Uber driver app. # Related news Vero launches new intermediated residential strata product to unlock underserved market opportunities Read more Vero scores seventh consecutive Gold Mansfield Award for claims excellence Read more Vero's 2026 annual SME Insurance Index reveals preparedness gap between small and large businesses Read more Vero takes gold for claims excellence six years in a row Read more # More news NEWS September 07, 2026 Suncorp and ANZIIF launch home claims training Read more NEWS August 28, 2026 AAMI champions road safety, grassroots sport and resilient communities at National Bush Summit Read more NEWS August 28, 2026 Vero scores seventh consecutive Gold Mansfield Award for claims excellence Read more NEWS August 12, 2026 Suncorp delivers full year results for FY26 Read more # Subscribe for Suncorp updates Subscribe

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