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Industry

Digital and Sharing Economy

Tailored insurance solutions, specialized products and regulatory compliance expertise to address the risks and challenges of digital and sharing economy companies.

In the fast-paced and ever-changing digital economy, your business faces unique risks and challenges. Whether you’re a rideshare, carshare, peer-to-peer hospitality, micromobility, delivery, autonomous vehicle business or goods and services marketplace, we can be your trusted partner in risk management.

If you’re a high-profile brand that could attract litigation or a start-up that doesn’t attract enough insurer interest due to limited historical loss data, Willis, a WTW business, has the resources to meet your needs. We’ll partner with you to meet challenges such as:

  • High insurance costs that bring scrutiny from investors, the C-suite and board members
  • Navigating a complex insurance regulatory landscape
  • Expanding into new subsectors that result in new challenges and risks

The Willis difference

With extensive experience working with digital and sharing economy companies, we provide tailored insurance solutions to meet your challenges head on. We take a data-driven approach, using our analytics and actuarial expertise to inform your insurance placement. Regardless of how urgent or complex your challenge is, our industry focus and digital platform enable us to provide fast and efficient project execution.

Our services also include:

  • Industry benchmarking: Access to industry benchmarks to help you make informed decisions
  • Value-added claims handling and loss prevention: Expert support to manage claims and prevent losses
  • Analytics and actuarial support: Data-driven insights to help ensure your insurance program meets your needs
  • Trend analysis: Insights into the latest trends and leading risks in the digital economy sector

Our insurance products include:

  • Auto-liability: Protection for vehicle-related risks
  • Cyber liability: Coverage for data breaches and cyber threats
  • Occupational accident: Insurance for workers’ safety and wellbeing
  • Reputational risk: Safeguarding your brand’s reputation

Our specialized solutions include:

  • Regulatory compliance consulting: Expert guidance to navigate the complex regulatory landscape
  • Parametric solutions: Innovative insurance solutions for platform outages and other risks

Disclaimer

WTW hopes you found the general information provided in this publication informative and helpful. The information contained herein isn’t intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you’d like more information regarding your insurance coverage, please don’t hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).

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