Trend Alert: Zego

Trend Alert introduces you to the latest brands, products and services that are trending with 16-24s.

The rise of zero hour contracts and remote work has created demand for services with more flexibility, to cater to people whose working lives and requirements don’t fit the traditional norm. This includes delivery drivers, who were finding that insurance cover didn’t suit their needs, and meant they were paying for coverage when they weren’t working. In 2016, London-based startup Zego launched to tackle this problem, and by the end of 2017 they had covered delivery workers for over one million hours.

Zego works on a pay-as-you-go basis, so it’s ideal for people who see their delivery job as short term, or need to scale their hours up and down over time depending on other commitments. Costs start at £0.55 per hour, and coverage can be turned on and off remotely on the Zego app. Many delivery workers are students and young people looking for some extra income, and Zego fulfils Millennial expectations that every part of their life and work should be manageable by mobile.

Zego covers travel by car, scooter or bicycle, including deliveries of food and parcels. The FCA authorised service is used by workers for Deliveroo, Uber Eats and other fast-growing businesses. With Deliveroo’s former Global Head of Procurement Harry Franks at the helm as CEO, recently attracted £6 million in Series A funding.

 

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