Protecting the gig economy

5.4 million 'microbusinesses' in the UK in 2018

clock • 4 min read

To unlock the potentially huge and virtually untapped gig economy for insurers and advisers, various structural challenges need to be overcome, writes Chris Samuel

The rise of the gig economy is likely to be a key issue in the general election campaign, with each party trying to outdo each other with promises to give workers access to rights and protections. What's becoming increasingly clear is that while gig working often offers freedom to work when and where you want, this flexibility comes at a price - namely the gig economy protection gap. The gig economy has doubled since 2016 and now accounts for 4.7 million workers according to University of Hertfordshire and TUC-supported research published earlier this year[i]. This is a potentially huge ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Technology

Returning to work with AI claims guidance

Returning to work with AI claims guidance

Technology empowering change

Mike Saltzman
clock 04 October 2024 • 4 min read
Rise of AI-enabled fraud

Rise of AI-enabled fraud

Claims handler survey

Cameron Roberts
clock 20 September 2024 • 2 min read
The AI future of protection is here

The AI future of protection is here

The industry’s evolution

Kesh Thukaram
clock 18 September 2024 • 3 min read