Allianz Insurance, the UK business of Germany-based insurance major Allianz, has joined hands with insurtech Dinghy to offer on-demand insurance protection to the gig industry.

Dinghy offers app-based insurance to freelancers, where insurance coverage is calculated based on the seconds and the users are required to pay for what they use.

Under the collaboration with Dinghy, Allianz will offer insurance protection for public liability, professional indemnity, as well as business equipment.

The app-based insurance also allows users to increase or decrease their coverage, avail or discard insurance and file the claim.

Allianz Insurance director of broker markets Nick Hobbs said: “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.

“With insure-as-you-work 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.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Dinghy CEO Dorian Zanker stated: “We are making insurance fairer, faster and cheaper for the new and growing population of freelancers and are extremely pleased that Allianz shares our goals as well.

“With their deep expertise, I believe we have never been in a better position to make our vision a reality for all freelancers and platform workers.”

Dinghy was founded in 2017 by Edward Woodcock, Ben Wilks, and Robert Hartley. It operates as a web-based intermediary in the freelance insurance industry.