Insurance firm Zego has partnered with RSA to introduce a pay-as-you-go insurance product for part-time parcel delivery and courier services.
The partnership is intended to enable couriers pay for the insurance required only for the duration of their work.
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Zego’s technology integrates directly with its partners’ platforms, enabling couriers to become automatically insured during their work duration. The prices start from 80 pence an hour.
Zego co-founder Harry Franks said: “E-commerce is booming with nearly £10 billion spent on parcel delivery alone in the UK.
“Unsurprisingly, there’s high demand for part-time couriers, but for many it doesn’t make sense to spend thousands of pounds on an annual policy if they only want to do a couple of deliveries over Christmas.
“This is about personalising insurance to fit how people are working and we are pleased to be working with RSA on this.”
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By GlobalDataRSA delegated director Steve Hedge added: “The nature of work is changing; more and more people are now working part-time and for themselves. We are delighted to partner with Zego and make use of the technical integration with their platform partners to understand better and serve this important market.”
