The Wolt deliveries platform is transferring its delivery drivers insurances to the Collective Benefits brokerage. Wolt is insuring, as of July 1, its delivery drivers for personal accidents at Lloyd’s via the Collective Benefits brokerage and third party insurance will be covered by QBE, fronted by Harel, with no deductible. The company says that it will finance the cost of the extended insurance, which is estimated at 1,500 shekels in the private market. Until now the delivery drivers were insured for death and disability by Demandoo. The company says that the new insurance will cover fractures that are common amongst…
Browsing: demandoo
Demandoo announced its partnership with Pizza Hut Israel to power on-demand insurance for its new e-bike delivery fleet. Accelerated by the Covid pandemic, the on-demand economy has grown significantly over the last year, transforming traditional models of work and mobility. However, when it comes to insurance, legacy policies based on fixed annual rates for traditional full-time employees aren’t practical or economical when extended to dynamic, shared and/or temporary activities of on-demand workforces, particularly for micro-mobility fleets, such as e-bikes. Powered by its proprietary AI-based risk engine and backed by global insurers, Demandoo’s on-demand, plug-and-play insurance solutions can be tailored to…