MAPFRE: Driving assistance and autonomous driving shift liability from individual drivers to manufacturers or fleet managers

The growing use of technology to collect data and improve risk assessment will transfer business from retail insurers to commercial insurance providers. This will be a process that will bring benefits reinsurers, according to MAPFRE.

"The trend towards driving assistance and autonomous driving is shifting the liability from the individual driver or owner of the car towards vehicle and technology manufacturers or fleet managers such as Uber, benefiting commercial insurers", Josep Celaya, Chief Innovation Officer of MAPFRE, said during the Baden-Baden Meeting 2016.

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