> Milliman > For Manufacturers of Self-Driving Cars, Managing Risk will not be Autonomous
 

For Manufacturers of Self-Driving Cars, Managing Risk will not be Autonomous

White Paper Published By: Milliman
Milliman
Published:  Sep 07, 2016
Type:  White Paper

The route to a fully autonomous vehicle market seems long and fitful in the eyes of many. But it is likely to become a reality faster than many are prepared to accept. Like IBM, Kodak, and many other companies once confronted with a rapidly changing market, we, too, are now faced with disruptions in the auto market, perhaps unlike any since the invention of the auto. As liability increasingly shifts from the human driver to systems and software a trend highlighted by recent reports of the first autonomous fatality original equipment manufacturers (OEM) will come to the forefront as primary holders of automobile-related insurance risk. How they manage this risk will help determine the success and acceptance of the autonomous vehicle market in the years to come.

Read this whitepaper to learn why manufacturers of autonomous vehicles should be making a Supplier Product Liability Autonomous Share (SPLASh) pool to manage risk.



Tags : 
autonomous vehicles, splash, risk management, auto market, original equipment manufacturers, insurance risk

We use technologies such as cookies to understand how you use our site and to provide a better user experience. This includes personalizing content, using analytics and improving site operations. We may share your information about your use of our site with third parties in accordance with our Privacy Policy. You can change your cookie settings as described here at any time, but parts of our site may not function correctly without them. By continuing to use our site, you agree that we can save cookies on your device, unless you have disabled cookies.
I Accept