Boston, October 21, 2020 –Bike share, scooter rental, short-term vehicle rental, and car share programs are expanding globally, providing new options for consumers. In addition, the lines between personal lines and commercial lines are blurring with growth in ridesharing and delivery services. Unfortunately, these new types of mobility and vehicle use do not fit into the current insurance ecosystem, leaving many consumers without proper coverage and potentially exposing carriers to unforeseen liability. How can these mobility changes create opportunities for insurance carriers to protect their clients from loss?
This report acts as a guide to industry stakeholders at the onset of the revolution, identifying key current mobility trends most must consider and offering insight on value chain impacts. It is based on interviews and discussions with 26 executives at insurers, consulting firms, and technology vendors across North America and Europe between July and September 2020.
This 30-page Impact Report contains 10 figures and four tables. Clients of Aite Group’s P&C Insurance service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions Amazon, Bird, DriveNow, JUMP Bikes, Lime, Lyft, Mobike, Motivate, Tier, Turo, Uber, Voi, and Zipcar.
About the Author
Datos Insights
We are the advisor of choice to the banking, insurance, securities, and retail technology industries–both the financial institutions and the technology providers who serve them. The Datos Insights mission is to help our clients make better technology decisions so they can protect and grow their customers’ assets.