Auto Insurers May Need an Overhaul to Ward Off Competition from Automakers

摘要

The New York Times wrote recently that as Internet-connected and driverless cars roll onto our roadways, traditional motor insurers will need to adapt to ward off competition from car manufacturers. Insurers have struggled for years to make a profit from motor insurance due to intense competition and a rising tide of fraudulent claims. Now they face the threat of new technology, which sends key information about drivers' behavior directly to carmakers.