driverless cars insurance rates News

Toyota, MIT Lab Eye Using Blockchain in Insurance Rating of Driverless and Shared Vehicles

The Toyota Research Institute (TRI) is exploring blockchain and distributed ledger technology (BC/DL) for use in the development of driverless cars. TRI is collaborating with the MIT Media Lab and other industry partners on ways that both businesses and consumers …

Pricing Insurance for Autonomous Vehicles

“This is a new world for insurers. The industry will need a whole new set of data tools to deal with this.” So says Michael Macauley, CEO of Quadrant Information Services, a supplier of pricing analytics to property/casualty insurance carriers. …