One of the biggest themes to emerge last year—in insurance and other industries—was the growth in the sharing economy. In fact, Forbes estimated its global worth to be $3.5 billion last year. It’s a vibrant and growing market.

Four drivers of the sharing economy

Insuring risk in the sharing economy (Figure 1)
Click the image above for a large version of the Insurance Chart of the Week (opens in a new window).
Insuring risk in the sharing economy (Figure 2)
Click the image above for a large version of the Insurance Chart of the Week (opens in a new window).

For insurers, the sharing economy offers an opportunity to redefine risk, connect with a broader audience and innovate—for increased profitability, today and tomorrow.

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