New peer-to-peer marketplace for equipment hire

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New peer-to-peer marketplace for equipment hire

Mobilise is an Australian website that will offer an alternative to conventional equipment hire and give owners the opportunity to make money from their unused gear.

Just as DriveMyCar provides a way for people and businesses to rent out idle vehicles for periods ranging from a week to a year, Mobilise aims to do the same for a wide variety of equipment.

Items available are expected to range from household cleaning and gardening gear to sophisticated industrial and construction equipment.

Both DriveMyCar and Mobilise are operated by a company called Collaborate, which is also behind the PeerPass service that provides identity and reputation checks on people applying to join peer-to-peer marketplaces.

“Rather than buying new assets, Mobilise is unlocking the power of the sharing economy by allowing renters to access items at an affordable price on an as-needed basis. Simultaneously, we’re giving asset owners the opportunity to make money from their assets, which would otherwise be sitting idle and depreciating in value," said Collaborate CEO Chris Noone.

Apart from the usual matching of people with underused equipment with those who need a piece of kit for a particular job, Mobilise will check participants, manage payments, and – thanks to an arrangement with Aon – provide renters with insurance against damage and theft.

“As the sharing economy continues to evolve, trust becomes a key element to addressing the new and emerging risks it presents – and insurance plays a big part in this," said Aon Risk Solutions Australia CEO Lambros Lambrou.

“With our partnership with Collaborate, Aon has worked closely with the insurance market to create a new and innovative insurance proposition that protects owners’ interests in their assets and enhances the trust and functionality of the Mobilise platform.”

Mobilise will replace Collaborate's existing Rentoid peer-to-peer rental site, although its launch date has yet to be revealed.

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