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Sharing risks, sharing rewards : who should bear the risk in the sharing economy?

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<title>Sharing risks, sharing rewards</title>
<subTitle> : who should bear the risk in the sharing economy?</subTitle>
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<namePart>Lloyd's</namePart>
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<publisher>Lloyd's</publisher>
<dateIssued>2018</dateIssued>
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<abstract displayLabel="Summary">The sharing economy  an economic system based on the use of technology to share assets or services between individuals  has grown exponentially, fundamentally changing the business landscape. In 2014, it was estimated that the size of the global sharing economy was circa $15 billion and it is expected to grow to $335 billion by 2025. Long established business models have been destabilised by new technology platforms which allow asset owners to make money on underused assets and offer consumers new-found convenience,
flexibility and affordability.</abstract>
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