One day, we’ll all have insurance in “on-off” mode.

Published on 26/04/19

It’s now possible to insure your sports camera just for a skiing holiday or a guitar during a concert….and for only a few pennies per day. Mobile, collaborative and on demand, insurance is now adapting not just to new types of consummation, but is a privileged partner in today’s collaborative and circular economy. Oney brings you all the details.

2 out of 3 French people are ready for on-demand insurance.

The figures speak for themselves. According to a recent study carried out by Mazars and OpinionWay on the French and insurance, nearly 2/3 would use on-demand insurance for their occasional needs. A high expectation which matches new purchasing habits and ways of using items.

You lend me your car and I’ll rent you my flat...

In just a few clicks on a mobile, we can now activate or de-activate options to declare the rental, sharing or use of an item for a specific period anywhere in the world. Via their app, Trov in the United States or Leocare in France allow users to insure their smart phones, games consoles, or even their tennis rackets, at the tip of their fingers, against accidents and unforeseen events.

It’s an attractive formula for the new economy.

Another key player in the market, Valoo, as well as offering on-demand insurance, allows its users to manage and value their insured property. It’s helpful when getting ready to sell items on a used goods website. From a collaborative to circular economy, it’s a step in the right direction.

Simpler, more accessible and more transparent.

This new generation of tailor-made insurance proves that the sector is evolving to support new modes of living and of consummation. They allow the insured person to decide the level of protection required and what is important to him when insuring, say, a loan, travels or a trip.
It’s a change that takes account of the economy of use (versus that of possession) and strengthens the insurer’s role as everyday partner whom you can rely on when something goes wrong.
An indispensable role which allows the exchange of goods to develop with confidence.