The rise of driverless vehicles - who's in control? The rise of driverless vehicles - who's in control?

The rise of driverless vehicles - who's in control?

29 June 2018 | Cyber

You may not know it, but out on the roads, already, are driverless vehicles. They have been there for a few years. They are being tested in public areas. Private owners are taking them out for a spin and driving them to work. Soon you will be surprised to hop on a bus with no driver. Soon you will not be surprised at all.

A Finity Consulting report published by the NSW State Insurance Regulatory Authority (SIRA) has suggested that annual sales of automated vehicles will represent 75% of all light-duty vehicle sales by 2035.[1] US studies have suggested 100% uptake or close to it by 2040.

This paper explores the evolution and future of driverless vehicles, the applicable laws and insurance, particularly:

  • The internet of things and levels of automation
  • Who’s driving this and why?
  • What changes to the law are needed and when?
  • Possible effects on insurers
  • The road ahead

To download the full paper click here


[1] Finity Consulting Pty Ltd, The impact of autonomous vehicles on CTP insurance and it’s regulations (January 2016) State Insurance Regulatory Authority

Get In Touch

Henry Silvester

Henry Silvester

Principal

Need assistance?

Submit an enquiry online and we will be in touch as soon as possible, or call one of our national offices directly.