ISC Launches General Liability Program for Gig Economy Contractors

IJ - May 19, 2021 - Integrated Specialty Coverages (ISC), a multi-line program administrator that builds end-to-end insurance products with artificial intelligence (AI) engineering and data analytics, has launched a new general liability policy program for gig economy contractors.

The program provides contractors “by the job” flexibility, offering customizable coverage options and competitive rates. The program is offered through ISC’s AI-enabled platform, and underwritten by Markel Specialty, a division of Markel Corp.

The program is available to 30 different construction trades for a variety of classes beyond the typical handyman job, including but not limited to carpentry, electrical, painting, concrete, and janitorial work. Options include liability limits up to $1 million for one to 121 days and are geared specifically to the “gig economy” worker or the “weekend warrior,” with on-demand policy delivery and certification.

The policies can be bound in a few minutes through ISC’s online platform, with digital payment applications.

ISC is a portfolio company of KKR.