Canadian Underwriter

Keyword
autonomous cars

News Insurance

Support in Canadian P&C industry for U.K. approach to insuring automated cars

January 29, 2021 by David Gambrill

Insurance programs for connected and autonomous vehicles (CAV) in the United Kingdom may be applicable to Canada as well, according to a recent survey from Canada’s association of provincial insurance regulators. In the U.K., the Automated and Electrical Vehicles Act

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Waymo, Lyft to team up on self-driving vehicles

May 15, 2017 The Associated Press

NEW YORK – Waymo, the self-driving car company owned by Google’s parent Alphabet Inc., and Lyft Inc. are teaming up to road test autonomous cars in a potential challenge to Uber Technologies Inc. In its statement, Lyft said Waymo holds

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Incumbent insurers should rethink businesses, embrace opportunity in digital technology: McKinsey & Company

March 9, 2017 by Canadian Underwriter

The insurance industry is not impregnable and companies would be well-advised to reinvent themselves by incorporating digital technology and allowing it to become a catalyst, suggests a new report issued Thursday by McKinsey & Company. Some executives “know that staying

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Deep learning, autonomy will accelerate birth of new US$1 trillion autonomous mobility services market by 2030: KPMG

November 25, 2016 by Canadian Underwriter

A new “mobility services market” tied to products and services related to autonomy, mobility and connectivity will be worth well over US$1 trillion globally by 2030, according to a new report from KPMG. Deep learning – an advanced form of

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Autonomous cars will reach sales of 24 million units in 2030 from 0.2 million in 2020: research report

October 5, 2016 by Canadian Underwriter

The first autonomous cars will debut in 2020, with the total number of new registrations forecasted to grow at a compound annual growth rate (CAGR) of 62% from 0.2 million units in 2020 to reach 24 million units in 2030,