Singapore to deploy driverless buses with safety operators

"Traditional motor insurance assesses the driver, the vehicle and how it is used. For autonomous vehicles, insurers must also consider the software, hardware and regulatory environment," Jonathan Dye, Head of Motor at QBE Europe, tells Fleet News. "Yet," said Jonathan, "there is currently little exposure, accident or loss data to guide underwriting, making liability assessments and risk pricing far more difficult. This also introduces new vulnerabilities, such as software updates, cyber-security and potential system failures." https://lnkd.in/dcfZUXk6

Robotaxis are set to shake up Australia’s motor insurance market I was recently featured in Insurance Business Australia discussing what autonomous vehicles mean for insurers, brokers, and clients. With liability shifting from drivers to technology providers, and new risks like cyber exposures emerging, the insurance industry needs to rethink how policies are structured and delivered. It’s an exciting time of change, and a chance for insurers and brokers to get ahead of the curve. Read the full article here: insurancebusinessmag.com https://lnkd.in/gSbn96Mw #InsuranceIndustry #MotorInsurance #InsuranceInnovation #RiskManagement #Technology #AutonomousVehicles #FutureOfMobility #Robotaxis

Automotive innovation is moving at record speed. NAMIC’s new paper explores how autonomous vehicles will impact insurers, policymakers & the public. Read here: https://bit.ly/48IFv4Q #NAMICConnects

Advanced Driver-Assistance Systems (ADAS) are expected to have a significant impact on the auto insurance industry, driving near-term frequency changes to the sector, although autonomous vehicles could have greater ramifications longer term, according to a recent Evercore ISI. https://lnkd.in/e5DfW3zd

Europe must wake up. 🚨 Yes, regulations are needed. But the way we’re doing it today is keeping Europe years behind innovation. Later, we’ll all say: “We should support more European vendors.” And that’s true. But let’s be honest: if tomorrow a self-driving car came from a European vendor, would we already allow it on our roads? The answer is no. By the time this is approved in Europe, we’ll be forced to play catch-up once again. It’s like inventing something with your hands tied — not impossible, but painfully slow. #Innovation #DriverlessCars #Europe #AI #FutureOfMobility #Regulation #SpiritOfTheValleyTour #Nexxworks

Blame-Free Robotaxi Crashes Are Still Crashes: The tricky logic behind robotaxi crash metrics. In this Substack post I discuss which robotaxi crashes should "count" for robotaxi safety metrics. Some say that all crashes should count. Some say that only at-fault crashes should count. And some discussions about robotaxi safety say things like “no fatal crashes” when they should be saying “no at-fault fatal crashes” — which are two quite different things. The arguments for and against using blame as a filter for which crashes count is tricky. So let’s try to sort that out. For example, when some robotaxi company claims that their vehicles harm fewer people than human-driven cars, should that be based on all crashes or just at-fault crashes? We argue that blame-free is the best default metric. Blame-based metrics could have their place, but currently suffer from significant validity issues that need to be worked out before anyone should believe that at-fault crashes is predictive of net safety outcomes. Or perhaps the right answer is to report both metrics if what we care about is transparency and improving safety rather than claiming victory. https://lnkd.in/eK9D2SdN

A recent Insurance Insurance Institute for Highway Safety / Highway Loss Data Institute (IIHS) evaluation of seven electric vehicles reveals some important lessons for manufacturers, drivers, and policymakers. 🔗 The broader takeaway? Pedestrian crash-avoidance systems generally performed well across most models. And while electric vehicles are making strides in many safety areas, there are still notable gaps. For more details, check out this CBS Mornings report. #EVs #electricvehicles #EVSafety #PedestrianSafety #TrafficEngineering https://lnkd.in/et9Yrxa6

Ontario has launched a 10-year pilot program for automated commercial motor vehicles - a big step forward for the province's trucking industry. Here's what fleets need to know. https://lnkd.in/gpyqkdSr #Trucking #AutomatedVehicles #Ontario

Attention support technology is meant to help drivers avoid accident, but many turn the features off. Subaru drivers, however, are keeping the automaker’s DriverFocus features on, according to new research by the Insurance Institute for Highway Safety / Highway Loss Data Institute. “Such a high level of acceptance for a system designed to keep drivers’ attention on the road is a bit surprising and very encouraging,” David Harkey, IIHS president, said in a statement. Read more: https://lnkd.in/g6uSbFVq

Seven electric vehicles tested for safety were found to provide excellent protection for the driver and solid protection for rear passengers, according to the Insurance Institute for Highway Safety / Highway Loss Data Institute. #automotive #transportation #safety #EVS #batteryelectricvehicles https://lnkd.in/g-gfHV9v