Driverless cars, autonomous vehicles, automated vehicles, semi-autonomous – these are the many terms that are used to describe the biggest transformation to start impacting our roadways since the introduction of the automobile at the turn of the last century.
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As automated vehicles are starting to be tested in Canada, consumers are intrigued and lining-up to get the anticipated Tesla Model 3 and excitedly watching the developments of the Google car’s progression on the roads. There is much preparation to be done to address the emerging insurance implications, particularly within the next 10 years.
The Institute, through the direction of the CIP Society, is pleased to publish our latest report, Automated Vehicles: Implications for the Insurance Industry in Canada. This research report assesses the developments of automated vehicles on Canadian roads within the next 5-10 years, and addresses key questions for the insurance industry:
- Why are traffic collisions expected to fall significantly?
- Will higher repair costs limit insurance savings?
- Who will be held responsible for traffic collisions?
- Why does the big picture include public policy, sharing and transit?
Our intention with this research report is to provide a foundation on which to understand the issues; the insight to foresee the transformative change ahead; and the resources and constructive recommendations to inform industry and stakeholders’ action.
Get engaged with this emerging issue by joining us for these two opportunities to learn more on this timely and relevant issue in the industry:
CIP Society Automated Vehicles Research Forum
A 360 perspective on the evolution of vehicle automation and the impact it will have on road safety, the industry, society, and infrastructure. Panelists include the foremost subject matter experts on the implications of automating vehicles on Canadian roads.
When: May 25th, 2016
Time: 8am - 10am
Register now for forum
CIP Society Automated Vehicles Live Webinar
A unique perspective addressing vehicle automation’s life-changing potential to reduce collisions and improve road safety. Panelists include the foremost subject matter experts on road safety and insurance in Canada.
When: June 23rd, 2016
1pm - 2:15pm
Register now for webinar
Keep the conversation going by posting your thoughts on Twitter - #automatedishere
Find out more about the report, Automated Vehicles: Implications for the Insurance Industry in Canada.
If you have any questions or comments about the upcoming automated vehicles report, contact us at email@example.com.