Insurance firm Zego has partnered with RSA to introduce a pay-as-you-go insurance product for part-time parcel delivery and courier services.
The partnership is intended to enable couriers pay for the insurance required only for the duration of their work.
Zego’s technology integrates directly with its partners’ platforms, enabling couriers to become automatically insured during their work duration. The prices start from 80 pence an hour.
Zego co-founder Harry Franks said: “E-commerce is booming with nearly £10 billion spent on parcel delivery alone in the UK.
“Unsurprisingly, there’s high demand for part-time couriers, but for many it doesn’t make sense to spend thousands of pounds on an annual policy if they only want to do a couple of deliveries over Christmas.
“This is about personalising insurance to fit how people are working and we are pleased to be working with RSA on this.”
RSA delegated director Steve Hedge added: “The nature of work is changing; more and more people are now working part-time and for themselves. We are delighted to partner with Zego and make use of the technical integration with their platform partners to understand better and serve this important market.”