1099Policy empowers enterprises to hire from a growing 1099 talent pool. We offer 1099 hires the opportunity to obtain business insurance in under one minute- on demand, at a fraction of the cost of an annual policy. Without compromising the agility of their 1099 talent pool, companies can now protect their brand and assure 100% contractor compliance, in real time, hassle free. 1099Policy is the tech that sits on the checkout counter that makes the vendor agreement terms you already have in place a sort of hard stop- making sure everyone has it before they can take a job. With an easy-to-use dashboard for monitoring, or a seamless embed into the system you already use, 1099Policy is your bolt-on compliance layer. Brand protection: Companies are often found liable for injuries or harm caused during work assignments, especially when the employees are 1099 hires rather than W2 employees. Confirming that every 1099 is covered by business insurance helps ensure that your brand doesn’t face negative press, or financial liability or regulatory intervention. Compliance: Guarantee that every 1099 hire adheres to your company’s vendor insurance requirements. Cost efficiency: 1099Policy’s platform access fee is extremely cost effective in comparison to other avenues, such as hiring via an EOR platform simply to assure that 1099s meet the insurance requirements of the enterprise. Process efficiency: 1099Policy is quick to set up and easy to use. 1099Policy improves efficiency and puts time back into your day. Improved talent onboarding experience: Retain and redeploy: If your freelancers can experience how easy it is to procure the right insurances, there are higher chances they will want to stay with your brand and find a new assignment rather than having to find a new opportunity elsewhere. Protection for 1099s: Help your 1099s help themselves. 1099s may not be aware of the liability they face when they’re employed as an independent 1099, and thus do not know they should seek business insurance.