Connected Vehicles and Insurance: Ten Strategic Considerations

An SMA Research Report


Author(s):
Mark A. Breading, Partner
Karen Pauli, Principal
Publication Date:
April 2, 2019
Number of Pages:
11
Price:
$995.00 USD

Technology and societal trends are transforming the way that people and goods are moved from one place to another. We are in the early stages of a transformation that will completely reshape the transportation landscape. It is easy to envision a future where every vehicle is autonomous. It is much more difficult to assess the implications and timing of that long journey. This report raises the discussion to a strategic level by identifying the areas of potential value and posing ten questions that insurers should explore to understand the implications for their businesses.

 Figure 1. Connected Vehicle Value Areas

 20190402 2019 Connected Vehicle

 

Table of Contents

  • Transportation Transformation 3
  • Ten Strategic Questions for Insurers 7
  • Connected Vehicle Evolution by Sector
  • Government and the Ecosystem
  • Insurance and Accidents
  • SMA Call to Action 10
  • About Strategy Meets Action 11