Insurers need access to data on connected vehicles: ICTC 2018
“Level three [autonomous vehicles] will hit the showrooms this year, and that is a problem,” said Catherine Kargas, vice-president of MARCON, at the Insurance-Canada.ca Technology Conference on Wednesday.
“Most insurers don’t even understand what that means,” Kargas said. “How are we going to be able to underwrite these vehicles when they hit the market?”
Level three autonomous vehicles are largely capable of driving themselves, but they may require a human driver to take control in certain situations, which will make determining liability difficult when collisions occur.
Kargas argued that level three is the most dangerous level of autonomy in cars, noting that tests have shown drivers have trouble reorienting themselves with the road when they’re forced to take control.
“For that reason, Google, Ford and other companies have decided that they don’t even want to deliver level three technologies,” she said. “They want to skip over them and move from level two to level four.”
Key to assessing the risks inherent in semi-autonomous vehicles will be allowing insurers access to vehicle and crash data, Kargas argued—although it remains to be seen how eager car manufacturers will be to share this information.
“We need an independent, unbiased, third-party repository of vehicular data in this country,” she said. “The time to act is now, because level three technologies are going to be in showrooms this year.”
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