The core business models for traditional automobile insurance carriers may be under threat of obsolescence, with automobile manufacturers potentially becoming a potent alternative to cover driving risk.
Since our initial white paper in October 2015, Marketplace of change: automobile insurance in the era of autonomous vehicles, we now believe that the traditional personal automobile insurance marketplace has the potential to be even more severely disrupted - by new competition and shifts towards other types of insurance coverage.
The move to new business models will not be smooth and we anticipate a “chaotic middle” of a decade or more, as companies adjust their strategies and operations. This study integrates our latest research and thought leadership through covering four underlying themes:
Download our whitepaper for more insight into the ever evolving autonomous vehicle phenomena.