Banks Quote by Lisa Gansky
“RelayRides and WhipCar, AirBnB, Roomorama and One Fine Stay are all stellar examples of how new, access-based offers entice and provoke insurance companies and banks to re-think risk, value, customers and deal terms.”
About This Quote
Source Article: Platform Economy Trends, 2020
New access‑based services reshape risk assessment, prompting insurers and banks to innovate.
In simple terms: Access services change how risk is viewed.
Adapt risk models to platform models.
Themes
Mood
Type
When to use this quote
- insurance underwriting
- bank lending
- business model design
- regulatory compliance
Key Concepts
Questions to Reflect On
- How can regulators keep pace?
- What safeguards protect consumers?
Traditional risk frameworks may lag behind rapid platform growth.