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Tuesday, 14 November 2017 22:01

Driverless Vehicles Will Be Here Much Sooner Than We Think

Written by Shawn Moynihan, PropertyCasualty360.com

During his presentation Nov. 6 at IRMI's Construction Risk Conference, XL Group Ltd. CEO Mike McGavick delivered a wake-up call that the insurance industry needs to evolve in tandem with the accelerating pace of change in a digitally powered, evolving world: Some of the innovations that will shape our collective destiny, including autonomous vehicles, will arrive faster than some may think.

"I believe completely that we're living in the Renaissance of the insurance industry," McGavick told the audience at the J.W. Marriott in downtown Indianapolis during the IRMI conference’s kickoff session. "The rate of change is extraordinary, and will not slow down."

 

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