Slice is an on-demand insurance provider that specifically appeals to those involved in the sharing economy.
When it comes to sharing cars, bicycles, a garage or one's home, there is always a certain amount of risk involved. While all parties have the potential to benefit from a shared agreement, unfortunately there have been some horror stories that have come out of many peer-to-peer arrangements.
Fortunately, Slice has emerged with an all-new Host Protection program, which specifically appeals to Airbnb hosts as "the first entirely digital platform providing on-demand insurance for the on-demand economy at the tap of a smartphone." Currently, Slice's on-demand insurance is now available for hosts across 13 states, making it possible for hosts to get peace of mind and protection for as little as $4 a night.
On-Demand Insurance Providers
Slice's 'Host Protection' is Affordable Option for Airbnb Hosts
Trend Themes
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On-demand Insurance — The rise of on-demand insurance presents disruptive innovation opportunities for insurance companies to create affordable, customized policies for the sharing economy.
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Digital Insurance Platforms — Digital insurance platforms like Slice present disruptive innovation opportunities for the quick and easy purchase of insurance policies in the sharing economy.
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Sharing Economy Insurance — The emergence of Slice and other sharing economy insurance providers present disruptive innovation opportunities for insurance companies to offer tailored coverage to hosts and guests of shared properties.
Industry Implications
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Insurance — The insurance industry can capitalize on the on-demand and digital insurance trends to offer innovative policies for the sharing economy and differentiate themselves from traditional insurance providers.
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Sharing Economy — Sharing economy platforms like Airbnb can partner with on-demand insurance providers like Slice to offer their hosts and guests peace of mind and protection, strengthening their brand and reputation.
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Technology — The rise of digital platforms and mobile apps for on-demand insurance creates disruptive innovation opportunities for technology companies to develop new insurance solutions and streamline the insurance purchasing and claims process.