Open-access content Wednesday 4th September 2019 — updated 5.50pm, Wednesday 29th April 2020
The adoption of driverless vehicles could see up to three in five motor insurance premiums vanish worldwide, a study by global law firm Kennedys has suggested.
Following discussions with industry leaders, it was found that most expect fewer accidents due to autonomous vehicles, resulting in lower insurance payouts and less premiums.
Read the full article on our Predictions site here.
Sign up to our free newsletter here and receive a weekly roundup of news concerning the actuarial profession