Gig workers across Europe are gaining access to a new level of financial security, thanks to a partnership between Estonian InsurTech company Cachet and Taskrabbit, the marketplace that connects people who need help around the home with skilled Taskers from their local communities.

Estonian company Cachet launched a new Tasker-customised insurance package that provides financial security and peace of mind to Taskers across Europe.

Cachet is an Estonian InsurTech company that designs better insurance for people and companies in the European platform economy. Their technology manages and embeds insurance, aggregates gig work and asset usage data. Taskrabbit, on the other hand, is a global network that connects people who need help with household tasks such as furniture assembly, TV mounting, and minor home repairs to skilled, reliable Taskers in their local communities.

“Taskrabbit is a pioneer in the platform economy, and together with our partner Hiscox insurance we’re enabling a solution that mirrors 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,” commented on the partnership Hedi Mardisoo, CEO of Cachet.

A new custom insurance package will be introduced across six European countries, offering Taskers protection tailored to the flexible nature of the platform lifestyle.

Cachet offers insurance to thousands of Taskers

Taskers will now be protected against income loss due to accidents, compensated for family or compassionate leave, and supported long-term for partial or total disablement during tasks. It is a flexible and comprehensive policy that will ensure that Taskers’ work freedom is backed by strong financial protection.

“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, 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,” said Begüm Zarmann, Managing Director Europe at Taskrabbit.

Acquired by the Ingka Group (IKEA) in 2017, Taskrabbit operates in thousands of cities across eight countries: Canada, France, Germany, Italy, Portugal, Spain, United Kingdom, and United States, and is available in 200+ IKEA stores worldwide.

GOOD TO KNOW

• Cachet is an Estonian insurtech company that designs better insurance for people and companies in the European platform economy.
• Founded in 2018 by Hedi Mardisoo and Kalle Palling, the company operates in Estonia, Sweden, Latvia, Finland, Belgium and Poland, with further expansion ahead.
• The company provides vastly-improved insurance cover to platform workers, rideshare drivers, couriers, bike and scooter fleets.

Are you interested in trading with Estonia? Enterprise Estonia is providing sourcing services for foreign enterprises. Contact Estonian export advisors or use our free e-consulting service to start trade with Estonia.