“When you think of all these sensors and calibration, a little fender-bender could be a much more costly proposition,” said David Ross Keith, an Assistant Professor of System Dynamics at the Massachusetts Institute of Technology. It is foreseeable that insurance is a much less consumer-facing industry in the future. As automation reaches Levels 4 and 5 fully autonomous capability with the option for a human driver to take over, and fully autonomous with no human involvement, respectively, insurance is going to change dramatically. “It is foreseeable that insurance is a much self driving car service Chennai less consumer-facing industry in the future,” said Keith. That’s because the driver won’t be the risky part. “Liability is likely to migrate from the individual to the manufacturer and the licensers of the software that drives the AV,” said Rodney Parker, an Associate Professor of Operations Management at Indiana University. Accenture’s report agreed. That means in...
