The Travelers Companies, Inc. (NYSE: TRV ) today hosted an blow at its Hartford, Connecticut, offices to altercate the change of free cartage and their abeyant aftereffect on the allowance industry. The blow brought calm aggregation admiral and busline experts from the Center for Automotive Analysis at Stanford (CARS), the Allowance Institute for Highway Assurance (IIHS) and the consulting close Ellis & Associates.
“As a arch auto insurer, we accept different insights to accord to the framework that will accompany free technology to our roads,” said Michael Klein, Executive Vice President and President, Claimed Allowance at Travelers. “By convening experts who can add their analysis and perspectives, we will abode some of the important questions that charge to be answered as the busline industry evolves.”
Presentations and a console altercation focused on the change of free agent technology and its implications for the allowance industry. Speakers included:
While analysis suggests the acceptance of free active technology will advance to beneath crashes, collisions that do action will acceptable aftereffect in cher aliment and accession questions about disciplinarian and architect liability, victim advantage and abstracts collection. The accepted risks that appear with agent buying — free or not — will remain, including those accompanying to acclimate and theft. An able allowance anatomy will charge to abide in abode to advice consumers and businesses administer those risks.
Travelers’ white cardboard blue-blooded Insuring Autonomy: How auto allowance can acclimate to alteration risks offers the company’s appraisal of the absolute auto allowance structure, both claimed and commercial, in the ambience of absolute claims and accouterment fair advantage to blow victims as cartage become added autonomous. The white cardboard additionally describes how the development and rollout of this technology will advice activation innovation, access accessible safety, accommodate accord of apperception and assure American drivers and consumers.
About Travelers The Travelers Companies, Inc. (NYSE: TRV ) is a arch provider of acreage blow allowance for auto, home and business. A basic of the Dow Jones Industrial Average, Travelers has about 30,000 advisers and generated revenues of about $30 billion in 2018. For added information, appointment www.travelers.com.
View antecedent adaptation on businesswire.com:https://www.businesswire.com/news/home/20200110005398/en/
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