Nationwide and cloud services provider Slice Labs have launched an on-demand insurance product for rideshare drivers who work for companies such as Uber and Lyft. Nationwide plans to launch its new insurance solution for rideshare drivers later this year. The product allows drivers to buy incremental coverage via an app that tallies the time they spend driving for a transportation network company. Ride-share company Uber, which has been criticized by some taxi industry groups over its business practices, is also testing out a similar service.
Nationwide and cloud services provider Slice Labs have launched an on-demand insurance product for rideshare drivers who work for companies such as Uber and Lyft. The product allows drivers to buy incremental coverage via an app that tallies the time they spend driving for a transportation network company. Ride-share company Uber, which has been criticized by some taxi industry groups over its business practices, is also testing out a similar service.