Robots will transform motor insurance,but risk appetite might determine how fast

24-01-2019

Robots will transform motor insurance,but risk appetite might determine how fast

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Driverless cars seem destined to redefine the landscape for motor re/insurers—the only question is how quickly. Intelligent Insurer assessed the views of insurance executives in an online survey.

New technologies have the capacity to change the world and make everyday life a little easier. However, there are times when public opinion lags behind the latest developments, such as placing one’s trust in a driverless car.

For many, the concept of getting into a car that has no visible driver is an alien one; for others it’s the inevitable culmination of years of technological advancement. One thing is certain—driverless cars will have a profound impact on the motor/auto insurance market.

In Intelligent Insurer’s latest poll of online readers, we asked what they thought about driverless cars. We started off with a basic question to test overall enthusiasm for the very concept: “Would you be willing or unwilling to ride in a driverless car, or would you wait until the technology advances?”


Driverless cars, autonomous vehicles, insurance, implications

Intelligent Insurer