Dr Christoph Lauterwasser, managing director, Allianz Center for Technology claims in a press release, The new rules of the road: Get ready for driverless driving’, that the automobile liability coverage is really ideally fitted to cover the situation with automation.
He believes there should be no concerns regarding insurance coverage and that this is crucial because the number of connected cars being sold on the market is increasing significantly. With higher sales and increasing connected vehicle adoption comes more vehicle data that can be used to support claims – such as the automated first notification of loss claims as well as the clarification of how accidents occurred in the first place.
He explains: “Sensor data allows insurers to know the extent of damage to the vehicle, whether the damage to the vehicle is more or less severe. Vehicle data in co-operation with the vehicle manufacturers, can serve similar purposes. With connectivity there will be cyber-risks to the vehicles because connected vehicles are connected to the internet and so, naturally, they will be a potential target for cyber-attacks. It’s an accumulation risk for insurers as many vehicles could be affected by a cyber-attack.”
Discover more about why insurers have little to fear from driverless technology.
Client: InformaTech, published by TU Automotive 2nd February 2022; also published by Urgent Communications on 3rd February 2022. Author: Graham Jarvis.


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