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ARTICLE · 21 JULY 2020

Insurance In The Age Of Autonomy

By many accounts, highly autonomous vehicles should be on the road in the next few years. While drivers may be thrilled, this development may give insurance leaders some pause for some concern.

MaltaInsurance

How insurers can prepare for and take advantage of the autonomous vehicle disruption

By many accounts, highly autonomous vehicles should be on the road in the next few years. While drivers may be thrilled, this development may give insurance leaders some pause for some concern.

Many are thrilled about the massive changes that vehicle autonomy would bring to cities and communities, and the dramatic impact on driver safety, efficiency and productivity.

But, as with any revolutionary technology, concerns arise. In this case, those concerns are not related to the technology, safety or even data (although those have their own issues, too). The issue is that many insurers may be underestimating the pace and severity of the change, which will create challenges across the wider insurance and financial industries.

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