Gig economy workers make up a sizable part of the global labor force. Food and grocery delivery couriers, users of ride-sharing services, independent workers – dog walkers, private chefs, website designers, consultants, personal trainers, freelancers, seasonal workers… the list goes on and on.

  • 36% of U.S. workers participate in the gig economy through either their primary or secondary jobs. (Gallup)
  • 44% of gig workers say their work in the gig economy is their primary source of income. (Edison Research)

Imagine this: a food delivery courier gets into an accident on the way from the restaurant to the customer? Who covers the damages/medical expenses/reimbursement to the customer on a meal not delivered? Or – a private chef prepares a meal and one of the participants gets food poisoning? Who compensates the guest for their suffering and medical expenses? And these are just a few examples.

These workers need a solution for their insurance needs. And as they need insurance coverage just for those times when they are working, it doesn’t make sense for them to get standard, cost-heavy insurance when they actually need coverage for only some of the time.
What if the ride sharing company/ online platform/ad-hoc work provider could offer the worker affordable insurance only and exactly when they need it.

We provide affordable on-demand insurance solutions that reduce risk and help you offer your users insurance when they need it. Not a minute more. Not a minute less. 

Your users benefit from affordable insurance tailored to their specific needs. 

You get the chance to provide an extra service offering, improve your service and increase revenue.

We provide on-demand insurance solutions to the following industries

Delivery/Courier Services

  • Personal accident
  • Mobility
  • Liability / third party
  • Income protection
  • Third party liability
  • Personal accident
  • Loss of work capacity

Ride Sharing/Shared Economy

  • Customizable packages
  • Integrated interfaces
  • User-friendly claims
  • Full transparency
  • Third party liability
  • Personal accident
  •  

Independent “Gig Economy” Workers

  • Specific valuables
  • Travel & extreme sports
  • Aviation/marine insurance
  • Fintech transactions
  • Product liability
  • Professional liability
  •  

Check out these solutions to see which are the best fit for you:

Third-Party Liability

What does it cover?

Physical damage caused to the body or property of a third party due to the negligence of the insured party.
This solution does not cover pure financial loss, contractual obligations, professional liability, which require separate coverage

Typical use cases(s)

  • Food delivery courier on an electric bike accidentally hits a pedestrian and the pedestrian is injured. Third-party liability provides coverage for medical expenses.
  • Grocery delivery courier on an e-scooter accidentally hits another courier and the merchandise they are carrying is damaged as a result. Third-party liability provides reimbursement for the damaged merchandise.
  • Fitness instructor or personal trainer - physical damage is caused to the trainee during exercise. Third-party liability provides coverage for medical expenses.

Product Liability

What does it cover?

Physical damage caused to the body or property of a third party due to a fault in the product supplied by the insured party.
  • An extension of third-party liability
  • Includes information on product labels
  • Coverage is on a claims-made basis

Typical use cases(s)

  • while cooking a meal and the diners got stomach poisoning. Product liability provides coverage for medical expenses
  • A jewelry designer provided a faulty product which caused physical damage to the client. Product liability provides coverage for medical expenses

Personal Accident

What does it cover?

Physical damage caused to the body or property of a third party due to a fault in the product supplied by the insured party.
  • An extension of third-party liability
  • Includes information on product labels
  • Coverage is on a claims-made basis

Typical use cases(s)

  • A courier driving on an e-scooter is permanently injured during delivery. Personal accident coverage provides monetary compensation to help with medical expenses
  • Fitness instructor or personal trainer - physical damage is caused to the trainee during exercise due to the negligence of the instructor. (Gyms are required by law to have Personal Accident coverage!) Third-party liability provides monetary compensation to help with medical expenses

Professional liability

What does it cover?

Financial loss or damage to third parties caused by the insured party as a result of the dispensation of his professional services.
  • Perfect for gig economy platforms, such as fiverr.

Typical use cases(s)

  • Lawyer or accountant provides “bad” advice. Professional liability provides compensation for the resulting loss or damage.
  • Engineer provides a faulty design. Professional liability provides compensation for the resulting loss or damage.

Dispute Cover
e-commerce

What does it cover?

Financial loss due to products that are re-sent in lieu of complaints regarding delays in product delivery, products not delivered, damaged products, customer dissatisfaction on e-commerce platforms.
  • Integration with e-commerce platforms

Typical use cases(s)

  • Clothing Seller on an e-commerce platform receives a complaint about a product not delivered, or that has arrived damaged. Automatic reimbursement for products that are re-sent to the customer.

Loss of work capacity - Loss of earning capacity

What does it cover?

Medical expenses and future loss of earning or impairment of earning power

Typical use cases(s)

  • A courier driving on an e-scooter is permanently injured during delivery. This affects their ability to ride an e-scooter again and limits their ability to perform certain kinds of jobs in the future.
    Loss of work capacity coverage provides monetary compensation to help with medical expenses and for loss of potential earnings going forward

Check out these solutions to see which are the best fit for you:

Third-Party Liability

What does it cover?

Physical damage caused to the body or property of a third party due to the negligence of the insured party.
This solution does not cover pure financial loss, contractual obligations, professional liability, which require separate coverage

Typical use cases(s)

  • Food delivery courier on an electric bike accidentally hits a pedestrian and the pedestrian is injured. Third-party liability provides coverage for medical expenses.
  • Grocery delivery courier on an e-scooter accidentally hits another courier and the merchandise they are carrying is damaged as a result. Third-party liability provides reimbursement for the damaged merchandise.
  • Fitness instructor or personal trainer - physical damage is caused to the trainee during exercise. Third-party liability provides coverage for medical expenses.

Product Liability

What does it cover?

Physical damage caused to the body or property of a third party due to a fault in the product supplied by the insured party.
  • An extension of third-party liability
  • Includes information on product labels
  • Coverage is on a claims-made basis

Typical use cases(s)

  • while cooking a meal and the diners got stomach poisoning. Product liability provides coverage for medical expenses
  • A jewelry designer provided a faulty product which caused physical damage to the client. Product liability provides coverage for medical expenses

Personal Accident

What does it cover?

Physical damage caused to the body or property of a third party due to a fault in the product supplied by the insured party.
  • An extension of third-party liability
  • Includes information on product labels
  • Coverage is on a claims-made basis

Typical use cases(s)

  • A courier driving on an e-scooter is permanently injured during delivery. Personal accident coverage provides monetary compensation to help with medical expenses
  • Fitness instructor or personal trainer - physical damage is caused to the trainee during exercise due to the negligence of the instructor. (Gyms are required by law to have Personal Accident coverage!) Third-party liability provides monetary compensation to help with medical expenses

Professional liability

What does it cover?

Financial loss or damage to third parties caused by the insured party as a result of the dispensation of his professional services.
  • Perfect for gig economy platforms, such as fiverr.

Typical use cases(s)

  • Lawyer or accountant provides “bad” advice. Professional liability provides compensation for the resulting loss or damage.
  • Engineer provides a faulty design. Professional liability provides compensation for the resulting loss or damage.

Dispute Cover
e-commerce

What does it cover?

Financial loss due to products that are re-sent in lieu of complaints regarding delays in product delivery, products not delivered, damaged products, customer dissatisfaction on e-commerce platforms.
  • Integration with e-commerce platforms

Typical use cases(s)

  • Clothing Seller on an e-commerce platform receives a complaint about a product not delivered, or that has arrived damaged. Automatic reimbursement for products that are re-sent to the customer.

Loss of work capacity - Loss of earning capacity

What does it cover?

Medical expenses and future loss of earning or impairment of earning power

Typical use cases(s)

  • A courier driving on an e-scooter is permanently injured during delivery. This affects their ability to ride an e-scooter again and limits their ability to perform certain kinds of jobs in the future.
    Loss of work capacity coverage provides monetary compensation to help with medical expenses and for loss of potential earnings going forward