Peer-to-peer sharing
Term · Insurance and risk management · MLC-T-INS-002531
A model where individuals directly exchange goods, services, or assets with each other, facilitated by a digital platform. In insurance, this involves groups of individuals pooling their premiums to cover each other's losses, bypassing traditional insurers. This approach can reduce administrative costs and foster a sense of community among participants.
| Identifier | MLC-T-INS-002531 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002531",
"term": "Peer-to-peer sharing",
"field": "Insurance and risk management",
"definition": "A model where individuals directly exchange goods, services, or assets with each other, facilitated by a digital platform. In insurance, this involves groups of individuals pooling their premiums to cover each other's losses, bypassing traditional insurers. This approach can reduce administrative costs and foster a sense of community among participants.",
"url": "https://mlchart.com/terminology/insurance/peer-to-peer-sharing/"
}
Record 2,560 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.