BIBA is working closely with representatives from the sharing economy/collaborative economy.
We have produced guidance for both members and participants in the sharing economy and are working with members to design and create new and innovative products and solutions that are insuring the use, as opposed to the ownership of the item.
As predicted in our first guide to the Sharing Economy, published in 2014, this sector has grown exponentially. Gross revenue in the EU from collaborative Platforms and providers was estimated to be €28bn in 20151 and estimated to be worth $335bn globally by 20252 – so it seems timely to look at this topic again. –
Click here to view our 2014 guide to the Sharing Economy
Click here to view our latest guide to insuring the Sharing Economy