Getaround(US:GETR) Prnewswire·2024-05-15 12:00Core Insights - Roamly has launched a proprietary Carshare Insurance product aimed at commercial fleet vehicle operators, enhancing insurance protection for car sharing marketplaces [1][5] - The global car sharing market is projected to reach $51.7 billion by 2030, indicating significant growth potential for Roamly's offerings [2][5] - The first integration of Roamly Carshare is live on Getaround, providing coverage for their Power User communities [2][4] Company Overview - Roamly is an API-enabled digital insurance platform that offers a suite of unique digital insurance products, including Carshare Insurance, designed to meet the needs of car sharing users [1][10] - The platform aims to eliminate the commercial use exclusion clause, allowing for seamless integration of insurance products into peer-to-peer marketplaces [10] Industry Context - The car sharing market is experiencing rapid growth, driven by a shift towards environmentally-friendly transportation and mobility-on-demand options [4][5] - Getaround, as a pioneer in the car sharing industry, is leveraging Roamly's insurance solutions to enhance user experience and provide peace of mind for vehicle owners [6][9]