*By Madison Alworth*
Verifly, a start-up that provides insurance for flying drones, said it will now also cover people. It will begin offering on-demand, short-term general liability insurance for contract workers and freelancers.
The company's app, originally designed for the gig economy of DJs, photographers, handymen, and dog walkers, gave Verifly a leg up when it looked to expand into other types of insurance, said co-founder and CEO Jay Bregman.
"This platform that we built was really a per-flight, drone insurance, and it was how we cut our teeth in building this episodic insurance," he said Wednesday in an interview with Cheddar. The contractors who were using their drone insurance were the ones who asked for coverage for their other freelance jobs. "They came to us and said, 'it's great that we have this system for the 5 percent of our work that deals with drones, but we'd like to do this for the 95 percent of our work that's photography, or construction, etc.' So we just listened."
There are 57 million Americans who work as independent contractors, often on short term jobs. In the least 20 years, the number of gig economy workers has increased by about [20 percent more](https://www.cnbc.com/2016/10/13/gig-economy-is-growing-heres-how-much.html) than payroll employees.
"Insurance is only sold by the year. So we stepped in to solve that problem," said Bregman.
Verifly users can purchase insurance for a specific gig and by the hour. The rates start as low as $5 an hour, and they're based on a variety of factors including the type of work, the length of the project, and where the job is located. Verifly insurance is available in 11 states, and the company has plans to be available nationwide by the end of this year or early next year. Its general liability policies are underwritten by Markel Insurance Company and the drone policies are underwritten by Global Aerospace, Inc.
For full interview, [click here](https://cheddar.com/videos/getting-insurance-for-your-gig).
The Tony Awards on Sunday lured 4.85 million viewers to CBS, its largest broadcast audience in six years. CBS says Monday that Nielsen data shows the telecast — hosted by “Wicked” star Cynthia Erivo — scored a 38% increase over last year’s 3.53 million viewers. That’s the largest audience for the Tonys since 2019, when the telecast that year nabbed 5.4 million viewers and “Hadestown” was crowned best new musical. The latest version also had to compete with the second game of the NBA Finals, between the Thunder and Pacers,
After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during a developers conference that focused mostly on incremental advances and cosmetic changes in its technology.
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conveys a greedy bastard that had it coming."
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.
Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth.