Solution examples

• Sharing of any product or service amongst multiple users brings with it complexities of risk and legal liability. Each sharing economy has a unique hazard and risk profile, and insurers will need to understand its properties and the complexities that are foreseeable in the determination of responsibility for loss or damage arising to its users.

• Our role is to create risk management plans (including operation redesign to improve risk compatibility), helping to more clearly delineate the Community of Interest amongst the people typically contributing to the design and process and shaping the membership and leasing contract. We will then also advise on the breadth and terms of an insurance product that will serve the client’s needs. Following the analysis and design of an insurance programme we can facilitate to the implementation of the cover.