Bikmo, a cycle-specific insurance company, has announced a partnership with Internet of Things (IoT) platform Particle, offering support for micromobility businesses.
The partnership will see Bikmo, based in Cheshire, work with Particle to use vehicle data to offer insurance products for micromobility manufacturers and fleet operators.
Bikmo offers a range of cycling-specific products, earlier this year launching Bikmo Bike Shop Insurance – designed exclusively for cycle retailers looking for a personal and specialised approach to business insurance.
Particle, based in California, is a platform-as-a-service provider that helps businesses connect, manage, and deploy software applications to connected devices, from edge to cloud and back.
David George, CEO of Bikmo, said: “At the core of our business is a mission to protect the world’s riders and for our team that means continually researching and innovating how to drive better value and improve experience for our riders/customers.
“I’m fascinated by the power of data in helping us achieve our mission and can’t wait to get our first integration with Particle live.”
Nate Wang, head of micromobility at Particle said: “I’m incredibly excited about this partnership because it makes it easier than ever for vehicle manufacturers and fleet operators to provide turnkey solutions, intelligently tailored by Particle’s PaaS and delivered via Bikmo’s insurance offerings, which enhance safety and value for their customers and riders.
“It’s a clear win for all stakeholders.”
Bikmo offers a variety of cycling-specific insurance products both for riders and businesses, including cover for theft and accidental damage, as well as race cover, public liability cover, and insurance for clothing and accessories.
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Earlier this year, Bikmo launched an insurance discount specifically for the cycle trade.
Bikmo Pro offers a 25% discount to anyone working in the cycling sector, to support the people who help keep the bike business thriving.
The discount will be open to bike industry workers ranging from bike brands through to retail staff and coaches.