WORK
THE FUTURE 100 219
The days when work was done solely at the office already seem like history. Pandemic-induced lockdowns forced companies around the world into
arrangements that broke traditional working habits. With this came a surge
of remote workers, some of whom became digital nomads for the first time, choosing to work in new cities, states, or even new countries.
Unfortunately for these digital nomads, social safety nets such as health
insurance have historically only been available within their home countries and are therefore off limits to those working across borders and in different jurisdictions.
Now, in response to their growing numbers, a new economy is emerging that caters to these administrative, financial and logistical needs.
Insurer SafetyWing offers cover for remote workers regardless of location.
The nomad economy
As the world awakens to the possibilities of working remotely, a new economy is springing up to cater to digital nomads.
Having fortuitously launched in early 2020, the company’s Nomad Insurance covers remote workers in the event of unforeseen health problems or travel
complications. After raising $8 million in 2021, SafetyWing is looking to launch additional products that offer access to remote doctors and remote pensions. Also looking to provide peace of mind to global citizens, Insured Nomads is
a US-based insurtech company that provides coverage for everything from
medications to cybersecurity to telehealth appointments. Having launched just before the pandemic, the company has added new offerings that address the
ever-changing needs of global workers. In April 2021, the brand launched new
