Freelancers Insurance Agency

Insurance Products & Services

Brooklyn, New York

United States

Freelancers Insurance Company

Freelancers Insurance Company (FIC) is a first-of-its kind, social-purpose insurance company whose sole mission is to provide affordable, portable health insurance to independent workers. FIC uses market-based solutions to meet a social need, and draws upon the collective strength of its community to build a sustainable institution that can meet its members' needs over the long-term.

Despite the fact that one-third of all working Americans are independent workers - freelancers, independent contractors, temps, and self employed - they lack many of the basic supports and protections provided to traditional employees, most notably health insurance. Based in Brooklyn, NY, FIC insures nearly 25,000 New Yorkers who otherwise have no affordable options, at roughly one-third the price of comparable plans on the individual market.

Our status as a B Corp makes us publicly accountable - to our members, our staff, and our community - to maintain a balance between meeting our social mission and being sustainable for the future. This balance will ensure that freelancers have affordable health insurance now, and two generations from now.

FIC is wholly owned by Freelancers Union, a membership association, and therefore is driven by the needs and concerns of its members, not by corporate shareholders. The company's goal is to ensure that freelancers have stable access to health insurance benefits for years to come. FIC's competitive advantage comes from the relationships and group affinity established from long-term membership.

The Change We Seek™

As a self-sustaining, social entrepreneurial approach to delivering health coverage to a vulnerable population, FIC is a model for expanding insurance coverage to independent workers nationwide. While current regulations only allow FIC to provide health insurance in New York State, they hope to bring this model to other states so that all independent workers in the country have stable, portable, and long-term access to insurance. FIC is constantly exploring new opportunities to deliver better health care at lower costs for members, and to meet freelancers' unique insurance needs.

What makes us a better company?

B Impact Report

Certified since: 

November 2010

Company Score

Median Score*



The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.



The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.



The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).



The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.



The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

Overall B Score

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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Company Highlights: 

Employees:A living wage paid to all full and part-time employees; >80% of health insurance for individuals is paid for by the company; >6 weeks paid maternity and paternity leave.

Community: >40% of suppliers are independent or local.

Consumers: 100% of revenue comes from services that promote economic equality for individuals and communities, improves health, and increases the flow of capital to purpose-driven enterprises.