Protecting the gig economy

5.4 million 'microbusinesses' in the UK in 2018

clock • 4 min read

To unlock the potentially huge and virtually untapped gig economy for insurers and advisers, various structural challenges need to be overcome, writes Chris Samuel

The rise of the gig economy is likely to be a key issue in the general election campaign, with each party trying to outdo each other with promises to give workers access to rights and protections. What's becoming increasingly clear is that while gig working often offers freedom to work when and where you want, this flexibility comes at a price - namely the gig economy protection gap. The gig economy has doubled since 2016 and now accounts for 4.7 million workers according to University of Hertfordshire and TUC-supported research published earlier this year[i]. This is a potentially huge ...

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