Shared Business Idea
FinanceIntermediate
GigGuard: Parametric Trip Cancellation Protection for Drivers
Never lose income from cancelled rides or deliveries again.
Why Now?
Gig economy participation surged post-pandemic, yet 79% of drivers report income instability; regulatory pushes for worker protections (e.g., Prop 22) create demand for flexible insurance. Traditional insurers ignore micro-risks, leaving a first-mover advantage in parametric cancellation coverage.
The Idea
GigGuard is an insurtech platform offering on-demand micro-insurance against trip cancellations for gig economy workers. …
The full breakdown
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