6. Insuring Autonomous Vehicles: A Collision of the Old and the New
This week we talked about the collision of the new with the old; the emergence of autonomous vehicles and its impact on Insurance.
Underwriting risk in the era of self driving cars will profoundly challenge the relevance and role of the insurance industry. Warren Buffett, Bill Gates, State Farm, Allstate, all have something to say. And it is surprisingly on point.
How do you insure software? Who will step in to do so? And, are the current insurance carriers equipped to compete in this new era?
On this episode of Insight for Sharp Investors we share our thoughts on the rate, pace, and impact of autonomous vehicles on the insurance industry.
If you want more of our thoughts on this topic, you might also enjoy our recent Musing – Warren Buffett believes that autonomous vehicles are a threat to the insurance industry. He is right.
About Piercing View
Our mission at Piercing View is to provide investors actionable insights of disruptive forces impacting industries by generating in-depth research and analysis to evaluate equity investments. So, how does one isolate the signal from the noise? How does one identify the long-term winners and losers from the impact of these transformational shifts across industries? It is going to be quite a journey, and Piercing View will be at the forefront; capturing, analyzing, scoring, and delivering solid, credible, independent analysis to you, while hopefully making it fun, actionable, and educational.
Like what you heard in this episode? There’s more where that came from. Click here to view detailed industry and company reports. Become a Piercing View all-access member, where you can receive unlimited access to all of our research.