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New frontiers in risk management for the auto industry
- February 25, 2019
- Posted by: Simon Wait
- Category: IBIS News
IBIS San Diego’s third session of the day was titled ‘new frontiers in risk management for the auto industry,’ presented by Dr Barry Sheehan from Kemmy Business School, University of Limerick. Barry kicked off the session by discussing the impact of ADAS and autonomous vehicle (AV) technology on the insurance industry. ‘Autonomy will change the [...] -
Leveraging Insurtech in the US market
- February 25, 2019
- Posted by: Simon Wait
- Category: IBIS News
Jamie Yoder, president, Snapsheet, spoke to the IBIS USA audience about leveraging Insurtech in the US market. Jamie began with the statement: things are changing but much of what we do feels the same. He compared his Amish background to the innovations of today, and how maybe innovations are not that new. For example, crowd [...] -
BMW and Daimler announce joint venture
- February 25, 2019
- Posted by: Simon Wait
- Category: Industry News
BMW and Daimler have announced they will invest £880m in a joint venture that will develop services such as driverless vehicles, ride-hailing, and pay-per-use cars. Daimler’s Car2Go car-sharing brand will be combined with BMW’s DriveNow, ParkNow and ChargeNow businesses, with both carmakers holding a 50% stake in the venture. Up to a 1,000 new jobs [...] -
New vehicle safety rules reaction
- February 22, 2019
- Posted by: Simon Wait
- Category: Industry News
The European Automobile Manufacturers’ Association (ACEA) takes note of the European Parliament’s vote on the revision of the General Safety Regulation, which mandates the safety technologies to be included as standard in new vehicle types. The vote held on the 21 of February, by the lead Internal Market and Consumer Protection (IMCO) Committee marks an [...] -
Global car market remains stable
- February 22, 2019
- Posted by: Simon Wait
- Category: Industry News
2018 marked a somewhat challenging year for the global car market, as sales fell for the first time since 2009. Many carmakers felt the effects of trade tensions between the world’s biggest economies, political changes in key markets, and new threats to the status quo of the industry. Strong results in India, Brazil, Russia and [...]