Aside from hyperbole about their legality now or in the future...
The way I suspect a deal would be structured is that the institutional investor would not be insuring the homes of Airbnb's customers, but insuring Airbnb against claims, with a process of validating those claims that involved sending out a third party adjuster.
I have full confidence in the insurance industry's ability to find a way to finagle a deal of this sort if there are enough zeros behind the dollar sign.
The way I suspect a deal would be structured is that the institutional investor would not be insuring the homes of Airbnb's customers, but insuring Airbnb against claims, with a process of validating those claims that involved sending out a third party adjuster.
I have full confidence in the insurance industry's ability to find a way to finagle a deal of this sort if there are enough zeros behind the dollar sign.