Autonomous vehicles will transform many industries sooner than we think, and the implications for insurers are profound and complex. In the second of two articles about driverless cars Intelligent Insurer looks in more detail at the possible consequences for the motor insurance market.
As car manufacturers and technology companies continue to develop driverless cars, also known as autonomous vehicles (AVs), their appearance on our roads is getting closer and closer.
“Rather than relying on historical claims data to predict the future, insurers will have to develop other underwriting techniques to assess the risks of AVs.” Neil Ingram, Direct Line Group
Direct Line Group, Neil Ingram, autonomous vehicles, Driverless cars, North America