InView Spring/Summer 2016

Issue 3 | Spring/Summer 2016
13
We believe this level of functionality must go into the
regulations on how automated cars are built. Maybe the
ADI will accept level three with all its complications,
and maybe we will want to move directly to the more
straightforward landscape presented by level four. Until
we have the right information, though, it is impossible to
say which direction will be taken.
Looking ahead to the longer term, the ADI can only see the
level of claims falling substantially. In the next ten years
we estimated there will be 40 or 50% fewer claims.
Looking ahead to the longer term, the
ADI can only see the level of claims
falling substantially. In the next ten years
we estimated there will be 40 or 50%
fewer claims.
The risk element and cost will no longer be around the
driver, but the vehicle. Volvo and Audi say they will accept
liability if someone is using their vehicles in driverless mode,
but most manufacturers are not big enough to provide this
service so we are likely to see other models that involve
customers buying insurance with their car. The upshot is
that information on safety systems must be made available
upfront to insurers.
The next ten years will see impressive acceleration in the
conversion to driverless cars. However, the number of
variables in technology, regulation and insurers’ attitudes to
risk mean we will not be able to take anything for granted
along the way.
Matthew Avery, Thatcham Research,
Director of Insurance Research