The new offering, underwritten by Hiscox, will be available in six European countries.
Freelancers using the TaskRabbit platform will have access to coverage for income loss due to accidents, family leave, and long-term disability. The initiative aims to provide greater financial security and support for TaskRabbit service providers across Europe.
Hedi Mardisoo, CEO of Cachet said that partnering with Hiscox Insurance would provide a solution that aligns with the flexibility and dynamism of the gig economy. “Taskers can choose how and when they work, with the financial security they need to thrive. We are proud to add Taskrabbit to our growing community of platforms using Cachet’s technology to enable the platform economy lifestyle.”
Begüm Zarmann, Managing Director Europe at Taskrabbit also commented, saying: “It’s of utmost importance for Taskrabbit to cater to the evolving needs of our Taskers across European markets. As a direct result of feedback we received from Taskers on how we could improve their experience.”
She added: “Taskrabbit is thrilled to launch this partnership with Cachet to expand the way we care for our ever-growing community, including supporting Taskers’ flexibility and independence at work and in their personal lives.”