With the accessibility of global travel, it is common for students to pursue educational opportunities abroad. And families around the world are opening up their homes to host these students as they spend a few terms gaining some international experience.
However, much like the other growing industries that offer the use of personal space to strangers—services such as Uber and Airbnb—this opens providers up to a series of risks and liabilities that have not yet been fully examined by the insurance industry.
In other words, homestay providers are working in an area that the insurance market has yet to properly step up and serve. At Ingle International, we are looking to address that.
Robin Ingle was on hand to discuss this relatively untapped market with Insurance Business Magazine. To learn more, read the full article here.