Author Archives: Dion Oryzak

P2P Insurance Auction

Dion Oryzak In this post we examine how peer to peer insurance coverage could be priced in an eBay style auction, assuming no artificial regulatory constraints. We relax this assumption in subsequent posts that deal with the real world practicality of introducing peer to peer insurance to the market, but this thought exercise serves as a useful reference point for the purpose […]

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Peer to Peer Insurance

  Dion Oryzak   In the previous post we discussed the rise of new peer-to-peer micro-commercial insurance risks. These may disrupt the industries they are attempting to displace (like taxis or hotels) but, apart from necessitating rewording of some policy documents, they don’t impact the insurance business model itself. Since insurers are free to accept or […]

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Insuring the Sharing Economy

Amit Verma Uberrima fides means “utmost good faith” or, more simply, “trust”. Two-way trust lies at the heart of the business models of both the insurance industry and the sharing economy. ‘Trust’ uniquely binds the two. When policyholders pay a premium they trust that insurers will honor their promise to pay at claim time. Insurers […]

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