[Skip to content]

Sign up for our daily newsletter
The Actuary The magazine of the Institute & Faculty of Actuaries
s
.

Driverless vehicles could see most motor insurance premiums disappear 

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.


4 SEPTEMBER 2019 | CHRIS SEEKINGS
web_driverless-car_iStock-579419740.png
Autonomous vehicles likely to have “profound impact” ©iStock


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