Canadian Underwriter

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Turo

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Turo launches car-sharing marketplace in B.C., partners with car rental entrepreneurs

October 3, 2017 by Canadian Underwriter

Turo, which connects local car owners with travellers looking for adventure and in need of a vehicle, has expanded its car-sharing marketplace into British Columbia. To address provincial insurance regulations, the company has structured the expansion by partnering with local,

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Quebec financial services regulator urges caution over peer-to-peer risk sharing platforms

April 20, 2016 by Canadian Underwriter

Quebec’s financial services regulator is urging caution following the “recent emergence of peer-to-peer risk sharing platforms.” The Autorité des marchés financiers (AMF) said in a press release on Tuesday that it has noticed that companies are offering consumers platforms where

News InsuranceMergers and Aqcuisitions

U.S. peer-to-peer car rental marketplace begins international expansion in Canada insured by Intact

April 19, 2016 by Canadian Underwriter

Peer-to-peer car rental marketplace Turo is continuing its drive beyond U.S. borders, announcing Tuesday the company’s international expansion in Canada insured by Intact Financial Corporation (IFC). The move will empower “Canadians to turn their idle cars into earning engines and