Zego has launched a pay-as-you-go insurance product for part-time couriers.

Traditional commercial van and car insurance was designed for full-time work on an annual basis, which makes it expensive for occasional or part-time workers.

In partnership with RSA, Zego brings a pay-as-you-go solution to market, meaning flexible couriers only pay for the insurance they need for the time they work.

Harry Franks, co-founder of Zego, said “eCommerce is booming with nearly £10bn spent on parcel delivery alone in the UK. Unsurprisingly, there’s high demand for part-time couriers, but for many it doesn’t make sense to spend thousands of pounds on an annual policy if they only want to do a couple of deliveries over Christmas. This is about personalising insurance to fit how people are working and we are pleased to be working with RSA on this.”

The product is designed specifically for part-time courier and parcel delivery drivers, a group which has rapidly grown alongside rising trends in online retail and eCommerce.

Zego’s technology integrates directly with the platforms of their partners, which allows flexible couriers to be insured automatically for the time they work. The insurance is then charged by the minute after the first hour, with pricing starting from 80p per hour.

Steve Hedge, RSA delegated director, added: “The nature of work is changing; more and more people are now working part-time and for themselves. We are delighted to partner with Zego and make use of the technical integration with their platform partners to understand better and serve this important market.”