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“The sharing economy looks different than typical corporate risk. You are building your claims tools and your data actuarial. You have to be dynamic, and partner internally or with a TPA to get at the heart of the information,” Laura Langone, of Airbnb. (Credit: Daniel Dror/Shutterstock) “The sharing economy looks different than typical corporate risk. You are building your claims tools and your data actuarial. You have to be dynamic and partner internally or with a TPA to get at the heart of the information,” Laura Langone, of Airbnb. (Credit: Daniel Dror/Shutterstock)

Companies such as Uber, Instacart and Airbnb have radically altered the way consumers view certain industries. These emerging and ever-evolving businesses also present unique insurance needs, demanding flexibility from the industry.

Noting the huge opportunity these businesses present insurers, Laura Langone, head of insurance for Airbnb, said: “The sharing economy isn’t going away, and it is evolving. We saw it with Uber, and we have seen it with home-sharing and a lot of other goods and services.”

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  

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