The Sharing Economy is redefining traditional business relationships and reshaping consumer behavior. Innovative uses of the traditional Personal automobile, Commercial use of residential premises, the evolution of the Internet of Things and autonomous automobiles will dramatically alter the nature of traditional risk exposures and corresponding insurance solutions. Develop an understanding of the opportunities, risks and challenges associated with the Sharing Economy, and review emerging liability and coverage implications.
Review emerging developments of the Sharing Economy
Identify the liability gaps created by the Sharing Economy and the Internet of Things
Understand the role of the broker as trusted advisor, leveraging current and emerging risk management and insurance solutions