Allianz teams up with on-demand insurtech Dinghy
The partnership will likely focus on providing insurance for customers working in the gig economy
Currently, Dinghy’s offering provides app-based coverage for freelancers; it is taken out on an on-demand, pay-as-you-go basis, so customers can switch their cover on and off at will. Insureds are able to easily tweak their cover levels, cancel policies or file claims when necessary.
“We recognise that the world of employment is changing rapidly, and our work in getting to this point with Dinghy has re-emphasised that evolution,” said Nick Hobbs, Director of Broker Markets at Allianz Insurance, Allianz’s UK business. “With insure-as-you-go solutions expected to become more prevalent, partnering with Dinghy represents a great opportunity for Allianz. We are looking forward to sharing our expertise and providing flexible business insurance solutions for this fast-growing sector of the economy.”
Through the collaboration, Allianz will offer gig economy customers flexible protection for public liability, professional indemnity and business equipment.