Your batteries will age. We cover it when they age too fast.
Battery State of Health Insurance pays out when a battery degrades faster than it should, protecting drivers, fleets and the businesses that sell and finance electric vehicles.
EU-regulated. Backed by an A-rated European carrier.
Your batteries will age. We cover it when they age too fast.
Battery State of Health Insurance pays out when a battery degrades faster than it should, protecting drivers, fleets and the businesses that sell and finance electric vehicles.
EU-regulated. Backed by an A-rated European carrier.
The biggest question in every EV deal
- why this matters
The battery is the most valuable component in an electric vehicle, and the least understood. Buyers worry about it, lenders price it in, and used EV values move with it. Uncertainty about battery health slows sales and depresses residuals.
- Buyers hesitate
Fear of degradation is one of the main reasons people delay switching to electric, especially in the used market.
- Warranties leave gaps
It arrives all at once, concentrated in a single reporting period.
- Residuals take the hit
When nobody can price battery health with confidence, the market discounts every used EV to be safe.
- Replacement costs are brutal
A battery failure out of warranty can cost a large share of the vehicle's value, and it lands on whoever holds the asset at the time.
- a healthy battery, or we cover the difference
A health threshold is agreed at the start of cover. If the battery's measured State of Health falls below that threshold within the insured term, the policy responds.
- Agreed threshold at inception
A minimum State of Health, for example 70%, set for a defined term and mileage.
- Measured State of Health
Assessed through certified diagnostics or vehicle telematics, on an agreed method.
- The insured event
If SoH drops below the threshold within the term, the policy covers repair, replacement or an agreed indemnity.
The promise
- Manufacturers and OEMs
Extend battery confidence beyond the standard warranty without carrying the full risk yourself.
- Leasing and subscription providers
Protect lease-end values and offer customers a stronger, clearer promise on battery health.
- Used EV dealers and remarketers
Sell used EVs with certified, insured battery health and close the price gap with combustion equivalents.
- Fleet operators
Turn battery degradation from an open-ended risk into a budgeted line item across the fleet.
- Banks and auto finance companies
Strengthen collateral quality on EV loans and lease portfolios.
- Digital platforms and marketplaces
Embed battery cover at the point of sale as a trust signal and an added revenue line.
Battery health as a selling point, not a question mark
THE COMMERCIAL CASE
- Sell more EVs
Remove the number one objection at the point of sale, for new and used vehicles alike.
- Predictable, budgeted cost
Premium is fixed at origination - a known number, not open-ended exposure.
- Cheaper, deeper funding
An insured residual profile supports tighter spreads and cleaner securitisation.
- Capital efficiency
Can be structured for consideration under credit risk mitigation frameworks.
- Write more business
Post stronger offers and enter new markets without betting the balance sheet.
- Audit & investor ready
Fixed benchmarks and documented claims logic, ready for your board and investors.
If it runs on a traction battery, it can be covered
- Passenger EVs
New and used, leased, financed, subscribed or privately owned.
- Electric light commercial vehicles
Last-mile delivery, service and rental fleets.
- Electric buses, trucks and heavy vehicles
High-value batteries in intensive, long-cycle use.
Vehicle models, battery chemistry and capacity, geography, term and mileage, volumes, and how battery health is measured today. Don't have it all? Tell us what you do have.
- Scoping call
Models, markets, volumes, distribution. Thirty minutes is usually enough.
- Data review
Share battery and telematics data; we tell you quickly whether it supports pricing.
- Indicative terms
Threshold, term, price, diagnostic method and reporting requirements.
- Pilot cohort
Most partners start with a bounded first cohort of vehicles or model
Frequently asked questions
It's an insurance policy. It sits alongside or after the manufacturer's battery warranty and responds when an insured event occurs, not on a forecast.
Through certified battery diagnostics or vehicle telematics, using a method agreed at inception. The measurement approach is fixed in the policy so there's no dispute later about how health is assessed.
A minimum State of Health agreed at the start of cover, typically 80% over a defined term and mileage. The exact threshold depends on vehicle model, chemistry and use case.
Depending on the structure: battery repair, module or full pack replacement, or an agreed cash indemnity reflecting the loss of value.
Either. It can be held by the OEM, lessor or fleet on a portfolio basis, or offered to the end customer as an embedded product at the point of sale.
Yes. Used vehicles are assessed at the start of cover with a battery health check and priced as a separate cohort.
Battery health data on an agreed cycle, via our API or an agreed file exchange.
European markets, depending on asset class and structure - we confirm your specific markets during scoping.
A prudentially regulated, A-rated European carrier. Full details disclosed under NDA during due diligence.
Extended Warranty
For the automotive industry
