Innovative Insurance Solutions Unveiled For Creative Freelancers And Small Businesses

In a significant move for the creative sector, Mode Insurance has been launched to cater specifically to the needs of self-employed and freelance creatives, as well as small businesses within this vibrant industry. This innovative insurance solution is backed by notable industry players including Gambit Insurance Solutions Ltd, Bspoke Insurance Group Ltd, and Movo Partnership Ltd. The initiative is spearheaded by Ajay Mistry, who returns after a two-year focus on promoting multicultural inclusion within the insurance sector through his work with iCAN (Insurance Cultural Awareness Network).

Mode Insurance emerges as a response to the growing demand for more adaptable and user-friendly insurance options for the creative community. Ajay Mistry expressed his enthusiasm about the launch, highlighting the platform's aim to offer a new and flexible way for creative freelancers to secure the necessary insurance coverage. The service is designed to be a game-changer for those seeking insurance that matches their dynamic work life, offering coverage options ranging from short-term to annual plans.

The development of Mode Insurance was a collaborative effort, involving insights from former freelancers and marketing professionals alongside Ajay's extensive experience in insurance broking. This collective expertise ensures that the service is finely tuned to the specific needs and challenges faced by those in the creative sector.

Mode Insurance provides a comprehensive suite of insurance products including Public Liability Insurance, Equipment Insurance, Professional Indindemnity Insurance, and Employers’ Liability Insurance. These offerings are underwritten by Bspoke Sports & Leisure on behalf of Accelerant Insurance Europe SA. Craig Morgan, Managing Director at Bspoke Sports & Leisure, praised the collaboration with Mode Insurance, recognizing the potential it brings to support the freelancer industry's resurgence post-COVID.

The platform's online quoting system, developed by Durell Software, stands out for its intuitive design. It allows creative professionals to quickly obtain quotes and secure their insurance coverage with ease. Tom White, Managing Director at Durell Software, commended Gambit Insurance Solutions for their innovative approach and product design, which aligns with Durell's strategic partnerships.

As Mode Insurance marks the first scheme from Gambit Insurance Solutions, it also represents a significant partnership with Movo Partnership – an Appointed Representative Network for Start-Up & Established Insurance Brokers. Lea Cheesbrough, CEO at Movo Partnership & Commercial Director of Durell Software, expressed excitement about being part of Mode Insurance's journey and acknowledged the forward-thinking approach that sets Mode apart in the independent broking market.

This launch not only signifies a pivotal development for creative professionals seeking flexible insurance solutions but also underscores the collaborative efforts of various industry stakeholders to innovate and adapt to evolving market needs.