Insurtech firm Cover Genius has agreed to serve as global insurance partner for GoBoony’s P2P campervan and motorhome sharing business.

As a result of collaboration, GoBoony customers, who rent a motorhome or campervan, can add the ‘Carefree’ insurance option to their transaction.

Additionally, users will be encouraged to add the insurance option, which will slash the security deposit required during booking.

The insurance offering will be supported by the Cover Genius XCover insurance distribution platform that allows e-commerce traders to launch and sell any type of personal or commercial insurance in over 60 countries across the globe.

GoBoony CEO and co-founder Mark de Vos said: “For a P2P sharing business like ours, insurance is critical to delivering customer satisfaction.

“People love the experiences that our platform inspires, but accidents can happen, so being able to offer our ‘Carefree’ insurance add-on delivers better peace of mind for owners and renters.

“Thanks to our new Cover Genius-powered insurance offering, everyone gets a much better deal. As any business owner knows, happier customers mean more business.”

Founded in 2014 by Angus McDonald and Chris Bayley, Cover Genius offers compliant car rental insurance, contractor’s liability as well as travel cover.