GigShield.my

The Problem

500K+ Malaysian gig workers (Grab, FoodPanda, Lalamove) have no employer-provided insurance. One accident can wipe out 6 months of earnings.

The Solution

On-demand micro-insurance for gig workers: toggle coverage per shift, pay RM 2-5/day, covers accidents, hospitalization, and income protection during recovery.

Target Market

500K+ Malaysian gig workers

Revenue Model

RM2-5/day micro-premiums, 30% margin on underwriting, partnership with insurers

4-Week Validation Plan

• Week1: Interview 20 Grab/FoodPanda riders about insurance gaps and accident experiences.
• Week2: Design insurance product with licensed insurance partner, build signup flow MVP.
• Week3: Pilot with 30 riders, track activation rate and daily toggle behavior.
• Week4: Measure willingness to pay, claims process feedback, insurer partnership terms.