15 January 2019Insurance

ArgoGlobal partners with Italian insurtech for on-demand insurance

ArgoGlobal Assicurazioni, a European subsidiary of Argo Group International Holdings, has partnered with Italian insurance broker Axieme to provide gig workers with on-demand insurance cover.

Through this partnership, the company will offer pay-as-you-go insurance for temporary and short-term workers in Italy.

It will enable the users to activate their insurance via a digital platform called Jobby when they accept a job, according to a corporate statement. Their policies will be live for the term of their assignments, with an option to extend the cover if the work goes on for longer. Additionally, part of the premium will be reimbursed to policyholders who do not make claims.

“The growth of the gig economy has created a shifting and unpredictable employment environment in which workers lack the traditional protections supplied by employers against unexpected events such as sickness, injury and civil liability,” said Mario Borrelli, underwriting director of ArgoGlobal Assicurazioni.

“Our innovative collaboration with Jobby and Axieme, which relies on cutting-edge digital technology, offers gig-economy workers across Italy with steadfast, trustworthy insurance coverage combined with pay-as-you-go convenience.”

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