With highly autonomous vehicles heading for the road, many insurers may be underestimating the speed and severity of the change, and there will be impacts across the broader insurance and financial services industries. It’s expected that the insurance sector will go through a 'chaotic middle' over the next decade, characterized by rapid and fundamental changes to business models, disruptive competition and the adoption of new strategies. Along with the inherent risks, new markets, revenue streams and opportunities are also emerging. Click here for more.
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