Risk sharing rule and safety loading in a peer to peer cooperative insurance model
Gian Paolo Clemente,
Susanna Levantesi,
Gabriella Piscopo
Abstract:The evolution of digital technologies is reshaping consumer habits and needs, driving process automation, and giving rise to innovative business models like Insurtech. Peer-to-peer (P2P) insurance is emerging as part of this trend. P2P involves purchasing an insurance policy by sharing the risk with a group of peers. This group transparently monitors real-time savings and tracks claims filed by its members. At the policy’s expiration, if the actual risk is lower than anticipated, the peers receive a partial re… Show more
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