The sharing economy has created new opportunities, but also new risks. We build proactive risk management plans that include state-of-the-art AI models and data dashboards to address new threats, contain costs, and drive value for your business.
Insightful risk management
We address your risks by understanding your options for reducing, avoiding, or transferring risk through loss control, contract management, insurance, and alternative risk financing techniques.
Once we have a complete profile of your objectives, risk tolerance, risks, and exposures, we craft a custom strategy that can include client-specific software/data solutions to help manage your risk and manage at scale.
With a strategy in place, we use our industry expertise and established relationships—both local and global—to negotiate innovative solutions that safeguard your business and keep your employees healthy.
Subject matter expertise
The sharing economy faces a volatile market of both risk and regulation, and requires specialized expertise. Newfront’s dedicated team combines experience and knowledge to deliver bespoke client solutions.
- Our team has deep casualty expertise within the sharing economy and knows that 80% of sharing economy insurance money is spent on casualty risk
- Newfront’s dedicated team has an intricate grasp of the complexities of national and global expansion and risk strategies such as captives
- Our data engineers help sharing economy clients harness their business data, driving better leverage with carriers and regulatory constituents
- Our sharing economy specialists know how to align coverage with required operating permits including municipal licenses and permits for home-sharing, food delivery, and transportation
Garrett Johnston is the Sharing Economy Leader at Newfront. Garrett brings more than two decades of industry experience, specializing in helping clients meet emerging risks new in the product and the digital space. Garrett is located in Atlanta and serves clients across the country.
Newfront Named 2023 Winner of San Francisco Business Times Corporate Pride Award
Newfront has been named the 2023 winner of the San Francisco Business Times’ Corporate Pride award. This honor recognizes one Bay Area-based company that consistently goes above and beyond in advancing LGBTQ+ equality in the workplace and community.
Start-Up Challenges in the Sharing Economy
Newfront takes a look at the challenges underwriters and brokers face when working to adequately insure a sharing economy start-up.
Congratulations to the Newfront Brokers Chosen as 2023 Power Broker Finalists!
Risk & Insurance named four Newfront brokers finalists for its 2023 commercial insurance broker awards.