Intact Financial Corporation recently unveiled rudimentary details of a new deal with Uber that would see the company offer the first auto insurance in Canada tailored at protecting drivers, and by extension passengers, of the ride-sharing service. Will other insurers follow in the same path? Will the products to be offered be similar? Will Intact benefit from a first mover advantage? Will this insurance coverage result in an increase in the price of taking an Uber?
Munich Re America launched a Mobility Domain as part of the company’s overall commitment to understanding and developing innovative solutions for emerging risks, and as an engine for future growth.
Zurich has been appointed insurance associate by CityMobil2, the EU project staging the first cross-European pilots of self-driving vehicles.
Insurance companies are smartly investing in businesses that are “connected”. One such investment was made by USAA in Roost lands, supplier of leading edge next-generation technologies.