Peer2peer Insurance Market Study 2016 – Research and Markets
Peer to peer insurance is a new form of technology driven by a social insurance model. Some platforms are well thought out, others are by techie dreamers with no understanding of regulation, law or insurance. Most peer-to- peer platforms are - or wrongly claim to be - neither broker nor insurer, so how do they work and how to they make money? Why is a mutual promise to pay not insurance? How does Blockchain technology and Bitcoin fit into this mix?
The basis is creating a series of separate pools, unconnected to each other, so each pool only pays its claims, with none of the traditional cross subsidisation of traditional insurance. Some require payment but others are just promises to pay. The regulation in most countries is often unclear and several regulators are
already looking at the implications.
Platforms seek to cover business, cars, homes, technology, health, life, liability, cycles, marriage, pets, relocation, income protection, hospital cash and deductibles.
This report looks at the background, potential, problems, and regulation, as well as profiles of every known peer-to-peer platform.
Key Topics Covered:
- Regulation overview
- Country by country regulation
- Active insurers
- Not yet active platforms
- What they insure or plan to insure
- Business Models overview
- Business models as insurers
- Business models as brokers
- Business models as platforms only
- How insurers make money
- How brokers make money
- How platforms make money
- Payment systems
- Reinsurance
- Innovation
- Sharing economy
- Social media
- Reputation economy
- Crowd funding
- Crowd funded banks
- Crowd funded insurers
- Peer to peer lending
- How peer to peer lending works
- Peer to peer property rental
- Peer to peer car sharing
- New payment models
- Blockchain and insurance
- Smart insurance contracts
- Decentralised autonomous organisations
- Ethereum
- Innovation labs
- Role of Governments and NGOs
- Future
Companies Mentioned
- Allied Peers
-
Amalfi - Axieme
- besure
- BitPark
- BoughtByMany
- Cycle Syndicate
- DarWinsurance
- DeductibleShield
- Gather
- Glow
- Guevara
- Huddle Money
- Insbee
- Inspool
- Jointly
- KarmaCoverage
- Ledger Investing
- Lemonade
- Lfn
- Otherwise
- P2P Protect
- PeerCover
- PeersMutual Protection
- PeerSure
-
Quark Alliance - Quilt
- Riovic
- Teambrella
- TongJu Bao
- TribeCha
- Uvamo
- Versicherix
- Wecover
- WeKeep
For more information about this report visit http://www.researchandmarkets.com/research/2m2c63/peer2peer
View source version on businesswire.com: http://www.businesswire.com/news/home/20160926005683/en/
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