Closing the E-Bike/Scooter Insurance Gap: Where Data and Policy Meet Profit

The rise of e-bikes and scooters has created a $1.1 billion global insurance market by 2025, yet gaps in coverage and risk assessment remain glaring. As urbanization accelerates and governments push for sustainable transport, the demand for tailored insurance solutions is surging. For investors, this is a moment to capitalize on undervalued insurtech startups and infrastructure firms pioneering data-driven risk management and regulatory compliance.

The Problem: A Growing Market, A Lagging Insurance Sector

E-bikes and scooters now account for 15% of urban micro-mobility trips, yet only 20% of riders have adequate coverage for accidents, theft, or battery fires. Traditional insurers have been slow to adapt, leaving a vacuum for startups to fill. Regulatory pressures—such as New York's 2023 mandate for mandatory e-bike insurance—are forcing the issue.

The opportunity lies in data-driven risk assessment and policy innovation. Startups are using AI, telematics, and real-time analytics to price policies accurately and meet evolving regulations. Meanwhile, infrastructure firms are integrating insurance into charging networks and urban planning to mitigate risks like battery fires and liability claims.

Spotlight on Startups: Clupp, Corgi, and the Rise of AI-Driven Coverage

Clupp: Leading in Latin America's Underserved Markets

Based in Mexico City, Clupp is the poster child of this niche. It offers B2C coverage for e-bike and scooter riders in Latin America, leveraging telematics to track usage patterns and reduce premiums for low-risk riders. Its B2B SaaS platform also serves insurance brokers, expanding its reach. With eyes on U.S. markets, Clupp could become a regional powerhouse if it secures Series B funding.

Corgi: AI's Wildcard in the Insurance Stack

San Francisco-based Corgi aims to be the first full-stack AI insurance carrier. While not yet explicitly targeting e-bikes, its ambition to disrupt pricing and claims processes with machine learning could position it to dominate once it narrows its focus. Investors should watch for partnerships with e-mobility platforms like Lime or Bird.

Tint: Embedding Insurance into Mobility Platforms

Tint enables tech firms to offer embedded insurance, much like how Stripe integrates payments. For example, it powers RV rental coverage on Outdoorsy. Its API-first approach could be adapted for e-scooter-sharing apps, creating a scalable revenue stream for both Tint and its partners.

Infrastructure Firms: Bridging Risk and Regulation

The e-mobility boom requires charging infrastructure that's safe, reliable, and insured. Firms like ChargePoint and EVgo are already partnering with insurers to bundle coverage with charging subscriptions. Meanwhile, the U.S. Department of Energy's Communities Taking Charge Accelerator (2024–2025) is funding projects that integrate insurance into public charging networks—a $54 million signal for infrastructure investors.

Regulatory Tailwinds: Compliance as a Competitive Edge

Governments are mandating safety and insurance standards, creating opportunities for firms that master regulatory compliance. For example:
- UL Standards: Insurers pushing for certified lithium-ion batteries could reduce fire-related claims.
- Data Sharing Networks: Shift Technology's Insurance Data Network, which aggregates telematics data, could lower risk assessment costs for startups.

Investment Thesis: Where to Look Now

1. Venture Capital in Niche Insurtechs:
2. Back Clupp's expansion into the U.S. or Europe.

3. Track Corgi's AI platform as it scales beyond auto insurance.

4. Public Market Plays:

5. Allianz (AZSE.PK): Invests in telematics for usage-based insurance, a model replicable for e-bikes.

6. Liberty Mutual (LTC): Its partnerships with micro-mobility startups hint at future product diversification.

7. Infrastructure ETFs:

ETFs like PBD, which include EV charging firms, offer indirect exposure to the sector.

Risks and Realities

• Regulatory Hurdles: Differing policies across regions could delay market entry.
• Market Saturation: Larger insurers may undercut startups by launching their own micro-mobility products.

Conclusion: The Time to Act Is Now

The e-bike/scooter insurance gap is a $1.1 billion opportunity today—and a $3 billion one by 2030. Investors who back data-driven startups and infrastructure firms with compliance foresight will position themselves to profit as cities worldwide embrace sustainable transport. For the bold, this is where innovation meets regulation—and where profits are waiting.