Insurance industry preparedness

An increasing number of articles and blogs dealing with the implications of driverless vehicle technology on the insurance industry are appearing in newspapers, speciality journals, blogs, etc.

A report published this month concludes that insurers are unprepared for autonomous vehicles. “KPMG found scepticism about the potential transformation autonomous vehicles will bring in the near-term because most insurers believe the changes are 10 years away, or more.”

Despite this scepticism, it is becoming increasingly clear that the combination of new technology, new players and new risks will transform the insurance industry over the course of the next two decades.

Join Catherine Kargas and the Insurance-Canada.ca team at the Executive Forum on August 31st in Toronto as leaders from the regulatory, political and technology spaces join insurance industry executives to assess the implications of autonomous vehicle technology on the industry.

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