Tesla Insurance to Launch in Europe

Tesla Insurance is gearing up for a potential launch in Europe.

Tesla originally established its insurance business in Europe by opening a branch in Malta in December 2020. It has not offered specific insurance services to drivers in Europe yet, but the company continues to expand the service in the United States.

The automaker said Tesla Insurance Ltd will be a “full-stack in-house insurer that “is rethinking the way our customers experience insurance and protect their Tesla products.

Tesla Insurance has an outstanding opportunity for a skilled Legal Counsel to build and lead the in-house legal function of the insurance company to guide through the legal and regulatory landscape of an insurer operating cross-border in Europe.

Tesla has used other insurance programs in the U.K. and Europe to provide driver coverage through partnering insurance companies. Tesla has launched its own in-house insurance program, expanding to twelve U.S. states, providing real-time data on driving behavior to determine rates.

Tesla has not explicitly announced when it will launch insurance in other markets. However, the company is moving slowly but steadily toward offering the service to customers in Europe. The recent job posting shows the automaker is making moves toward launching the service by preparing to hire legal counsel to help with the launch and subsequent coverage of drivers.

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