Sharing Is Caring Is Covering

AXA Korea has partnered with car-sharing company  SoCar to develop (1) auto and driver insurance for car sharing, (2) car sharing insurance for corporate customers and (3) car-sharing insurance for consignment services.

“AXA has been recognized with its innovative products and services. We hope the first-ever insurance products we will develop for the sharing economy in the Korean market would empower our customers to use shared vehicles more safely.” – CEO of AXA Korea, Gilles Fromageot.

And while on the subject of ‘the sharing economy’, did you know that MAIF insurance is offered to hosts and guests on GuestToGuest, the Paris-based home exchange platform that has raised ~$41m since its inception back in 2011? MAIF Avenir, the VC arm of MAIF, just happens to be a lead investor.