What does CoverHero do?

Coverhero is an Australian insurtech startup based in Sydney, founded in 2017 by Naby Mariyam and Hyacinthe Hamon. The company specializes in a digital insurance platform that offers hyperpersonalized, moment-based coverage tailored to the lifestyle and wellbeing needs of Millennials, Gen Z, gig workers, and self-employed individuals. Coverhero focuses on personal income insurance for the gig economy, utilizing insights from human behavior and cognitive science to protect income and holistic wellbeing. The company’s flagship product, Hustle Cover, provides machine learning-powered income protection for gig workers in Australia, offering 85% wage replacement for workplace accidents or illness. Other offerings include Lucci, which delivers embedded home insurance using 3D aerial imaging, and an Embedded Insurance API that integrates coverage into gig platforms. Coverhero aims to humanize the future of work by embedding affordable, real-time insurance into platforms, addressing the insecurities faced by gig workers. The company has raised approximately $450K from various investors and is exploring expansion into multiple international markets.