gig economy News

EU Parliament Approves Law Establishing Basic Rights for Gig Workers

The European Parliament on Tuesday approved a law setting minimum rights for workers in the “gig economy,” a move that may benefit Uber drivers, Deliveroo and Just Eat food couriers and others. Gig workers are usually treated as independent contractors …

UK Broker Price Forbes Taps Hewett from JLT as Leader of Sharing Economy Practice

Price Forbes, a London-based broker, has appointed Emma Hewett as leader of its Sharing Economy practice. Price Forbes said its Sharing Economy practice was one of the first established broking teams to specialize in designing insurance programs for emerging and …

As It Prepares IPO, Uber Settles Driver Classification Disputes for $20 Million

Uber Technologies Inc. will pay $20 million to settle California lawsuits challenging the company’s classification of drivers as independent contractors, and not employees owed the benefits of traditional employment. Resolution of the long-standing fight over benefits and pay comes as …

Marsh Names AIG’s Bauer as Sharing Economy, Mobility Practice Leader

Robert Bauer has joined insurance broker Marsh to lead its U.S. Sharing Economy & Mobility Practice. Bauer will focus on developing and delivering products and services to companies operating in the new economy, working with others across Marsh including Marsh’s …

Dubai Ride-Hailing Firm, Careem, Provides Accident Insurance for Drivers, Passengers

Dubai-based ride-hailing service Careem Networks FZ is looking for new ways to get ahead of main rival Uber Technologies Inc. in the Middle East. Careem launched an accident insurance program for passengers as well as drivers in Turkey and is …

Uber’s London License Faces New Legal Challenge as Cab Drivers Fight Back

Months after Uber Technologies Inc. won a reprieve in a high-stakes battle over its operations in the U.K. capital, its London license is back in question. United Cabbies Group, which represents taxi drivers in the capital, brought a legal challenge …

Insurance Tries to Keep Up with Sharing Economy

As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million consumers and $57.6 billion in spending …

ArgoGlobal and Italian Insurtech Firm Provide On-Demand Insurance for Gig Workers

ArgoGlobal Assicurazioni S.p.A, a subsidiary of specialty re/insurer Argo Group International Holdings Ltd., is working with insurtech startup Axieme to provide on-demand, pay-as-you-go insurance for temporary and short-term workers in Italy’s gig economy. How does the partnership work? Jobs first …

Singapore’s Grab Makes Foray into Insurance with Chubb as Provider: Opinion

After sending rival Uber Technologies Inc. packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab Pte. has set itself a stiffer target. It wants to be a regional super-app. Think of it as a digital conglomerate that …

Uber Pledges to Fight UK Court Decision that Drivers Should Be Treated as Workers

Uber pledged [on Dec. 19] to challenge a U.K. Court of Appeal decision that drivers should be classed as workers rather than self-employed employees, a verdict that has potentially wide-ranging implications for the rapidly growing gig economy and the rules …