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Chubb leverages superior underwriting expertise and world renowned claims, account services, and financial strength to offer solutions for small and medium businesses.
Today’s multinational organizations face complex and interconnected risks. We offer insurance solutions that are tailored to global needs as well as local requirements, helping them address their risk management challenges.
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The workforce is changing and the workers of the future are unique. Technologically-savvy, globally mobile and highly adaptive, their pace of transformation has been accelerated by the COVID-19 Pandemic.
The shift towards contract work continues with many workers supplying their labor outside of the traditional employment relationship. Work can be derived from Shared Economy App providers enabling flexible and freelance work to organizations leveraging contract workers.
For the traditional employees, new ways of working are becoming permanent. Work from home, hybrid, bleisure and workcations have become attractive workplace options.
Spend a day in the life of the following Future Workers to understand their risks and fears.
Discover the insurance solutions developed by Chubb to protect their livelihoods.
Reshare Driver
Fact: The worldwide ridesharing market size was valued at US$59.53 billion in 2020 and is projected to reach US$205.83 billion by 2030.1
Technopreneur
Fact: The pandemic has fueled growth in startups, with layoffs turning some of the retrenched into entrepreneurs who have set up their own businesses.2
Social media influencer
Fact: More than 900 million tourists travelled internationally in 2022, according to United Nations World Tourism Organization. Social media in uencers specializing in travel are part of this travel recovery story.3
Information technology professional
Fact: A 2021 survey by WTW found that 31% of companies expect an increase in international assignments in the coming year.4
Risk Assessor
Fact: A GBTA (Global Business Travel Association) survey of corporate travel managers in 2022 found that 90% of them said that employees were interested in combining business trips with recreational travel at their companies.5
Chubb’s solutions for the shared economy
Working with leaders of the shared economy, Chubb has tailored insurance products for the future workers in the Asia Pacific region. Contact us if you are interested to find out how we can collaborate to serve the shared economy.
The Future Worker
Spend a day in the life of the following Future Workers to understand their risks and fears. Discover the insurance solutions developed by Chubb to protect their livelihoods.
1According to the forecast by Allied Market Research - https://www.alliedmarketresearch.com/ride-sharing-market-A13712
2Reported by Forbes - https://www.forbes.com/sites/forbestechcouncil/2021/04/09/pandemic-fuels-global-growth-of-entrepreneurship-and-startup-frenzy/?sh=5103a34f7308
3World Tourism Barometer, Volume 21, Issue 1, January 2023 - https://www.unwto.org/unwto-world-tourism-barometer-data
42021 Internationally mobile employee bene ts design survey by WTW - https://www.wtwco.com/en-US/Insights/2021/09/2021-internationally-mobile-employee-bene ts-design-survey
5Time, 17 April 2023 - https://time.com/6272171/combine-business-trip-vacation/
Insights and Expertise
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Disclaimer - All contents of this article are intended for general information/guidance purposes only and not intended to be an offer or solicitation of insurance products or personal advice or a recommendation to any individual or business of any product or service. This article should not be relied on for legal advice or policy coverage and cannot be viewed as a substitute to obtaining proper legal or other professional advice, or for reading the policy documents. You should read the policy documents to determine whether any of the insurance product(s) discussed are right for you or your business, noting different limits, exclusions, terms and conditions apply in each country or territory, and not all cover is available in all countries or territories.