gig economy News

U.K. Food Delivery Service Riders Lose Employment Rights Bid

A trade union lost a U.K. court bid for the right to lobby Deliveroo over pay and conditions on behalf of the food-delivery service’s riders, in a rare setback for workers in the so-called gig economy. The Independent Workers Union …

The Hartford Acquires Sharing Economy Insurance Specialist Y-Risk

The Hartford has purchased Y-Risk, a managing general underwriter that specializes in serving sharing and on-demand economy risks, from Allstar Financial Group, an Atlanta-based holding company with multiple specialty managing general agencies across the country. Unionville, Connecticut-based Y-Risk’s customer mix …

Aon Launches Intangible Asset Cover for Gig Economy Companies

Aon plc announced the launch of a new non-damage business interruption (NDBI) cover which is designed to protect the income streams of the growing number of companies with high levels of intangible assets, such as those operating in the gig …

Winning, Sharing, Trusting, Failing, Losing: 10 Insuretech Connect Takeaways

Pulling together some loose threads from October’s Insuretech Connect Conference, here are 10 takeaways: Innovation Rap. “I actually feel the industry gets a bad rap in terms of innovation,” Dan Glaser, Marsh McLennan Cos. CEO, told the roomful of innovators, …

Uber Court Case in London Could Determine Future of UK’s Gig Economy

Just months after Uber Technologies Inc. persuaded a London judge to allow it to keep operating in the city, the ride-hailing company is back in court. At stake this time is an issue that could strike at the core of …

Relax, Uber’s Not Interested in Entering Insurance Business

While it is weighing providing benefits and insurance to its independent contractor drivers, ridesharing giant Uber is not interested in getting into the insurance business itself. Rather, the global transportation firm is content to focus on being an “intelligent purchaser” …

Ridesharing Workers of Gig Economy: What Census Numbers Show

How big is the gig economy? The answer depends on how one defines “gig economy.” Because there is no broadly accepted definition and no straightforward way to classify workers or jobs as “gig” or “not gig,” this report will focus …

Gig Firms Want California to Override Court Ruling

Leading gig economy companies including Uber and Lyft are quietly lobbying California’s top Democrats to override or undermine a court ruling that could make many of their contract workers into employees. In April, the California Supreme Court issued a far-reaching …

Uber Granted 15-Month License to Keep Operating in London

Uber Technologies Inc. was given an 15-month license to operate in London by a judge after the ride-sharing service worked out most of its differences with regulators. Judge Emma Arbuthnot granted the license in a ruling Tuesday. The case stems …

Uber Girds for Court Battle to Continue Operating in London

In a TV ad currently airing in the U.K., a young woman leaves a bar alone and prepares to step into an Uber. “I know his license number and he’s made 3,000 trips and speaks four languages,” she says to …