Why the growth of electric vehicles poses a challenge for insurers

13-02-2020

Why the growth of electric vehicles poses a challenge for insurers

Charley Grimston, managing director of insurtech platform Altelium, which leverages Artificial Intelligence (AI) to provide real-time reporting on battery transmissions, told Intelligent Insurer that the risks posed by electric vehicles are very different. The batteries used pose very different risks while the vehicles pose other challenges such as the risk of cyber attack.


electric, vehicles, insurance, underwriting, Lloyd's

Intelligent Insurer