Covid19 forces sharing economy insurer Pikl to refocus business

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With bookings dropping by more than 90% the insurtech has had to refocus, but it plans to launch some new products as it switches its target area of business during lockdown

Insurtech and short-term rental insurance specialist Pikl has re-focussed the markets it targets for business.This is due to the sharing economy being ”severely affected” by the pandemic, especially the short-term rental and Airbnb market.

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