What the gig economy means to insurance. The rise in cellphone use and the numerous applications available through mobile devices have helped to create a new sharing economy. Insurers are still working to provide coverage for these new opportunities. (Illustration: Daniel Diosdado)

When someone asks a question, we might jokingly respond, “There’s an app for that…” When it comes to the rapidly expanding sharing economy, nothing could be closer to the truth. The rise in cellphone use and the numerous applications we can access through those mobile devices have created another type of economy that allows individuals to share everything from their cars, homes, airplanes and money to their expertise and time.

And, much of the sharing is actually conducted through a variety of apps.

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Patricia L. Harman

Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]

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