Autonomous Technology and Automotive Insurance

Autonomous vehicles will have a profound effect, not only on their individual users, but also on society as whole; impacting the environment, the macro-economy and the cities in which we live. This transformative horizon piece takes a long-term view of the lasting effect that autonomous technology will have on the automotive insurance industry, looking beyond temporary disruptions to the transformative trends that are already visible today. Although fully driverless may be some years away, the fundamental enabling technologies of embedded connectivity and collision avoidance are gaining traction, and the whole automotive industry needs to recognize and respond to the challenges these technologies represent going forward. 

This report includes:

• Outline of Innovation
• Innovation Importance
• Companies at Risk and Those with Opportunity?
• Potential Innovation Killers
• Recommendations and Reactions