What happens to insurance when business gets personal?
By 2020, 40% of the U.S. Labor Force will be comprised of independent workers. As more and more workers leave their full time jobs and/or supplement their incomes with Gig Economy work, what does this mean for the future of insurance?
This white paper discusses the findings of a survey we conducted of Gig Economy workers and provides insights for insurance carriers into:
- To what extent Gig Economy workers are insured for their independent work
- How Gig Economy workers understand and assess their own risks
- How the insurance industry as a whole might better meet the changing needs of Gig Economy workers