Last month Travelers released its position paper titled ‘Insuring Autonomy: How Auto Insurance Will Lead Through Changing Risks’ in Canada, highlighting the company’s assessment of how the current auto landscape will benefit from the adoption of autonomous vehicles (AVs).

Caleb Earnest, VP and personal insurance product manager at Travelers spoke to Insurance Business about some key findings of the study and what the auto insurance industry should keep top of mind as AVs become a larger part of Canadian’s lives…

It is easy to believe that all vehicles on the road will be autonomous sooner than later, but Earnest explained that there will be a long transition period where both autonomous and non-autonomous vehicles will be on the road…

Product liability is one of the most important questions when it comes to AVs. The role of insurance deals with both liability and the property insurance aspect.
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