Stève Bernardin will speak at this PARI Chair seminar on this topic on Thursday, February 16 (8:30-9:45 a.m.) in webinar format.
The promoters of autonomous vehicles predict that, in the long term, artificial intelligence will make it possible to eradicate accidents by simply eliminating the human factor from driving. There will no longer be any question of drunk driving, speeding, or inattention. How are insurers approaching this anticipated revolution, which ultimately calls into question the very usefulness of car insurance? We propose to analyze this through the lens of an industry mobilization currently underway in the United States.
Initiated shortly before the latest lockdown, our survey is currently based on some 60 interviews conducted on both sides of the Atlantic. It reveals a development in actuarial studies that emphasizes not only the possible reduction of certain risks, but also the potential emergence of new problems, particularly serial ones, linked to the deployment of connected vehicles. Incidentally, it reflects a desire to defend the insurance industry at a time when manufacturers in the automotive and new technology sectors are considering becoming insurers for their current and future customers, as is the case with Tesla in California, Texas, and Illinois.
Using the textbook case of autonomous vehicles, the analysis reveals, in short, a form of forced mobilization in the face of technological innovation. It highlights unexpected constraints for a sector that no longer has the research and development capabilities that characterized it in the last century, while also demonstrating the new resources available to certain insurers, who are even becoming entrepreneurs in political and social causes.
Registration required: https://docs.google.com/forms/d/e/1FAIpQLSdveSXssJU46CdAl2boskiWRoXb0rGx_FBJ4BTJ2vITynfvbg/viewform
PARI Chair website: https://www.chaire-pari.fr/#1