(Image source: Portabl homepage.)
Portabl, a London-based InsurTech startup designed for freelance, gig and self-employed workers around the world, has been picked by the Plug and Play (San Francisco) innovation platform to join its InsurTech Batch of innovative companies. The accelerator identifies high-potential startups and supports their growth and success through introductions to mentors, potential business partners and investors.
Portabl is designed to support a new wave of insurance, benefits and savings products for the fast-growing number of freelance, gig and self-employed workers around the world.
As well as working status, Portabl takes into account individuals’ life stage; their family situation and their industry sector to provide the best portfolio of portable insurance and financial services, plus a wide range of benefits to enhance their personal and working lives, for what the vendor characterizes as an easy-to-manage monthly fee.
Millions of Gig Workers Left Uninsured
“Joining Plug and Play’s Insurtech Batch is an incredible opportunity to accelerate our launch plans,” comments Mike Minett, Founder and CEO, Portabl. “Millions of freelance, gig and self-employed workers are being left uninsured and unprotected because they don’t have access to the flexible, affordable range of services they need and deserve.
“We’re building a new, global community of people who relish the freedom and variety that the new working world offers, but who don’t want to have their health or wealth compromised by leaving behind the financial and benefits support systems of the traditional corporate world,” Minett elaborates. “Portabl is going to tap into the massive pool of talented men and women who are consulting, self-employed, freelance or gig economy workers who need insurance and benefits that are fit for purpose for this new world of work.”