InsurTech Futures: Harry Franks on how the sharing economy is challenging insurance
The start-up broker CEO talks to Insurance Age about technology, disruption and collaboration.
Technology is challenging the traditional forms of insurance, according to Harry Franks, co-founder and chief executive of InsurTech start-up Zego.
Franks explained that the idea for the pay-as-you-go insurance broker came when he worked at Deliveroo and saw a gap in the market for insurance products aimed at people working in the sharing economy.
He noted that traditional forms of insurance and annual policies were not necessarily suitable for someone working a few hours a day or a couple of
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