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If you operate a ride sharing firm in the shared economy, your risk management needs are unique. Ride sharing firms have a different way of interacting, transacting and consuming products and services as compared to conventional transportation companies. A business venture of this type requires new approaches in managing risks and liabilities.

There are many different sharing marketplaces to help consumers experience the world around them. Specialized marketplaces exist for accessing cars, rooms, yachts and more. The sharing marketplaces present new ways of transacting business and building communities. This emerging industry is being built from the ground up and is poised to enhance people’s lives.