Insurtech Dinghy was recently recognized as the “most disruptive insurance business in the UK” at the recent Disruption Summit Europe. Dinghy was also said to be the 26th most disruptive overall.
The Summit was hosted in London on the 10th September with the final rankings for the top Disruption 50 index 2019 were announced.
London based Dinghy provides on-demand business insurance for freelancers. Policies may be purchased in three minutes, and all claims and policies can be handled online 24/7 through the mobile app, according to Dinghy.
Robert Hartley, co-founder and Head of Insurance at Dinghy explained:
“At Dinghy we have been aware of the economic pressures that freelancers and platform workers face since day one. The founders were all freelancers once and feel strongly that a variable income should not mean that you lose any rights or protections from the risks that are inherent with your work. Neither should you be penalised financially for wanting protection.”
Hartley said they are making insurance faster and cheaper.
“..we think that this is absolutely the right thing to do in a world where the future is freelance and digital.”
Julian New, Marketing Manager at Dinghy added that the workforce is mobilising, and it is going freelance, self-employed, digital and on-demand.
“Dinghy is the future of insurance; we are disrupting in order to serve this emerging and high growth workforce with our innovative and revolutionary on-demand offering,” said New. “It is an honour to be recognised among such illustrious and innovative companies and we are excited to continue making inroads into this exciting and dynamic market.”