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Britain s Ambitions to Lead in Driverless Cars Faces Insurance Speed Bumps

Britain’s Ambitions to Lead in Driverless Cars Faces Insurance Speed Bumps By Nick Carey, Paul Lienert and Tina Bellon | April 23, 2021 Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies warn. Insurers are key players in the shift to automated driving, with some investing in a technology they believe will slash accidents and deaths, and save them billions in payouts. But they are worried drivers might equate today’s lower levels of automation with fully self-driving vehicles, potentially causing more accidents in the short term and permanently damaging public confidence in the technology.

INSIGHT-Britain s driverless car ambitions hit speed bump with insurers

INSIGHT-Britain s driverless car ambitions hit speed bump with insurers Reuters 1 hr ago By Nick Carey, Paul Lienert and Tina Bellon LONDON, April 21 (Reuters) - Britain s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies warn. Insurers are key players in the shift to automated driving, with some investing in a technology they believe will slash accidents and deaths, and save them billions in payouts. But they are worried drivers might equate today s lower levels of automation with fully self-driving vehicles, potentially causing more accidents in the short term and permanently damaging public confidence in the technology.

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