MLchartDataset catalogue

Transportation network company (TNC)

Term · Insurance and risk management · MLC-T-INS-003363

A company that uses a digital platform, such as a mobile application, to connect passengers with drivers who use their own personal vehicles to provide prearranged transportation. From an insurance perspective, coverage for a TNC driver's vehicle is divided into distinct periods: personal use, waiting for a ride request, and en route to or during a trip. State laws and TNC corporate policies dictate the specific insurance requirements for each period.

Table 1. Record
IdentifierMLC-T-INS-003363
FieldInsurance and risk management
SubjectPersonal Lines
AbbreviationTNC
Record as JSON 
{
  "id": "MLC-T-INS-003363",
  "term": "Transportation network company (TNC)",
  "field": "Insurance and risk management",
  "definition": "A company that uses a digital platform, such as a mobile application, to connect passengers with drivers who use their own personal vehicles to provide prearranged transportation. From an insurance perspective, coverage for a TNC driver's vehicle is divided into distinct periods: personal use, waiting for a ride request, and en route to or during a trip. State laws and TNC corporate policies dictate the specific insurance requirements for each period.",
  "abbreviation": "TNC",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/transportation-network-company-tnc/"
}

Record 3,495 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.