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Reducing Complexity And Facilitating Results: CAVs And Canadian Auto Insurance - Insurance


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In January 2021, the Canadian Council of Insurance Regulators
(CCIR) released a paper outlining a number of issues to address
as connected and autonomous vehicles (CAVs) become increasingly
prevalent in the automobile sector.
The CCIR s paper contains the results of a small-scale
survey conducted across several government and industry
associations. The survey indicates that most respondents
acknowledge that CAVs will have a significant impact on automobile
insurance. A majority also agreed that CAVs posed at least some
risk to the industry. However, only half of survey respondents felt ....

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