Canadian Underwriter

SAE International

News InsuranceMergers and AqcuisitionsProductsTechnology

Magna unveils autonomous driving platform it says “can be integrated into any vehicle”

August 31, 2017 by Canadian Underwriter

Magna International Inc. unveiled on Wednesday an autonomous vehicle platform it says “can be integrated into any vehicle without compromise to vehicle design and styling.” MAX4 is a fully integrated, customizable and scalable autonomous driving sensing and compute platform that can enable up to Level 4 autonomous driving capabilities in both urban and highway environments, Magna said in a press release on Wednesday.
The SAE (Society of Automotive Engineers) International defines Level 4 as “high automation,” where the automated driving system performs all…

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Fiat Chrysler Automobiles to join BMW, Intel and Mobileye in developing autonomous driving platform

August 18, 2017 by Canadian Underwriter

BMW Group, Intel and Mobileye (an Intel company) announced earlier this week that they have signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles (FCA) to be the first automaker to join them in developing a “world-leading,

Feature LegalMergers and AqcuisitionsTechnology

Fresh Start

March 1, 2017 Jonathan Grnak, Barrister & Solicitor, Danson Recht LLP

Regulatory changes are necessary to better position Ontario for adopting autonomous vehicles and addressing any related issues. Both regulators and insurers must be ready for the near future, which will likely feature a mix of assisted driving technologies and the ability of a driver to take control should the need arise.