The chaotic middle | The autonomous vehicle | KPMG | UK

The chaotic middle | The autonomous vehicle and disruption in automobile insurance

The chaotic middle | The autonomous vehicle

The core business models for traditional automobile insurance carriers may be under threat of obsolescence, with automobile manufacturers potentially becoming a potent alternative to cover driving risk.

1000

Partner

KPMG in the UK

Contact

Also on KPMG.com

The chaotic middle | The autonomous vehicle and disruption in automobile insurance

Since our initial white paper in October 2015, Marketplace of change: automobile insurance in the era of autonomous vehicles, we now believe that the traditional personal automobile insurance marketplace has the potential to be even more severely disrupted - by new competition and shifts towards other types of insurance coverage.

The move to new business models will not be smooth and we anticipate a “chaotic middle” of a decade or more, as companies adjust their strategies and operations. This study integrates our latest research and thought leadership through covering four underlying themes:

  • Alignment for mass autonomy: Acceleration of the pace of change
  • The triad of disruptors for auto insurance
  • Perfect storm: Modeling the potential impact
  • Chaotic middle: Dual challenge facing insurers

Download our whitepaper for more insight into the ever evolving autonomous vehicle phenomena.

Insurance

Insurance

An insurer fit for the future will harness diverging customer needs and technological progress to transform its people, business model and services.

Connect with us

 

Request for proposal

 

Submit