“People work across multiple platforms. The nature of their relationship with work and the providers of work has changed”, says Benjamin.
The former lawyer and director of strategy & operations at Virgin Unite has taken his passion for social impact and co-founded Collective Benefits. The business has developed a range of financial and digital products to help solve the problem of financial wellness for independent workers, partnering with some of the largest & most forward-thinking on demand platforms, to serve 200,000 freelancers and gig workers across 18 countries.
Whether it’s sickness, accident, injuries, independent workers have known risks. “The best way to solve a known risk is to underwrite it”, says Benjamin, “So insurance was a fantastic product for us to start with.”
Benjamin talks about underwriting and reaching a new demographic, working in a different way as well as clarifying how the benefits work for people who work across multiple platforms and have multiple jobs.
As a fast-paced growth business, Collective is looking for purpose-driven missionaries who want to make a social impact.
“There is a huge opportunity to fix the protection gap in financial wellness for a rapidly growing and significant demographic.”
The Insurance Coffee House Podcast is hosted by Nick Hoadley, CEO of Insurance Search, the Executive Search Consultancy for growing Insurance and Insurtech businesses in the United States and UK.