The emerging risks and opportunities associated with autonomous vehicles (AV) will need to be carefully considered by the insurance industry. The issues are wide ranging and should be understood by the actuarial profession. This is an important and high profile topic that has public interest ramifications. The actuarial profession should be in a position to inform the public debate and the insurance industry - the work of the Risk Considerations for Autonomous Vehicles Working Party is intended to help achieve this position. This working party was disbanded in January 2023.

Key objectives:

  • Seek to identify the key risks associated with AV
  • Discuss in detail how the insurance industry might be affected
  • Identify work streams that should be formed to tackle the key risks associated with AV
  • Facilitate the Profession in ensuring that the UK insurance industry is prepared to tackle the issues on risk management, product design, underwriting, and reserving associated with AV
  • Take into account the interests of the Profession, the insurance industry and the public

 

Chair Christopher Jones
Membership 10
Established 2018

Related documents

Contact Details

If you want more information about this research working party please contact the Communities Team.

professional.communities@actuaries.org.uk

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