How self driving cars will impact the insurance industry - Nice report of \kpmG
We are hearing more and more about advancements in self-driving car technology and how it will revolutionize the way we get around. But what will the implications be on how (and if) we pay for car insurance? Advisory firm KPMG recently released a report detailing the impact self-driving cars will have on the insurance industry, and whether or not monthly premiums will become obsolete. While they foresee the size of the industry decreasing – as autonomous drivers are expected to be smarter and safer than their human counterparts – they also predict that companies who are positioned to adapt will see much success.