Saturday, July 7, 2018

Insurance and Self Driving Cars

https://www.nerdwallet.com/blog/insurance/self-driving-cars-end-auto-insurance/

https://www2.deloitte.com/insights/us/en/focus/future-of-mobility/mobility-ecosystem-future-of-auto-insurance.html?id=us:2ps:3gl:confidence:eng:cons:11117:na:na:7NwHElE2:1077669454:270785524960:b:Future_of_Mobility:Auto_Insurance_BMM:nb

Where is the money to be made in the future of car insurance when self driving cars reduce the cost of death and destruction on the road?

The same place where money is increasingly being made today:  Information.

Information about people in cars.  Who they are.  Were they go.  Why they go there. What can be sold to them based on data mining the activity that takes them from point A to point B and selling that information at the highest market price to government and private enterprise.

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