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Autonomous vehicles: Insurance is an important part of the journey

This article was written by David North, Fabrizio Brenner
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David North
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Market Units P&C Reinsurance
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Fabrizio Brenner
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Market Units P&C Reinsurance
View profile Fabrizio Brenner

With over 90% of accidents caused by driver error, it’s not surprising that governments and manufacturers are investing heavily in autonomous vehicles to improve safety.

Moving towards a “driverless” environment is a challenge for the entire motor ecosystem, with various stakeholders having to confront some sensitive questions like 'Is society ready to manage a high volume of autonomous vehicle traffic? Are traditional liability schemes going to change?  What are the legal and moral issues involved in setting algorithms to determine how a vehicle should respond to a potential accident?

 

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Autonomous vehicles: Insurance is an important part of the journey