As autonomous vehicles become more common, the auto insurance industry may undergo significant changes. The shift to self-driving cars could decrease the number of accidents and lower premiums, but it may also raise new insurance issues that need to be addressed.
Tag: risk assessment
How Insurance Companies Use Data Analytics to Determine Premiums
The Role of Data Analytics in Insurance Premiums Insurance companies rely heavily on data analytics to determine premiums. Data analytics involves using various techniques to […]
The Role of Insurance in Risk Management
What is Risk Management? Risk management refers to the process of identifying, assessing, and controlling potential risks that could have negative impacts on individuals, businesses, […]