Mexican Media Brands
The Chaotic Middle
This 64-page white paper presented by KPMG's insurance task force in June 2017 analyzes the huge impact of autonomous vehicles and on-demand transportation services will have on the U.S. insurance industry.
Share
This 64-page white paper presented by KPMG's insurance task force in June 2017 analyzes the huge impact of autonomous vehicles and on-demand transportation services will have on the U.S. insurance industry.
The report says both trends will become the norm by 2035. Between now and then, insurers should brace for changes that could slash the personal liability premiums they currently collect from $164 billion per year today to only $12 billion by 2055.
KPMG says the speed of change, coupled with uncertainty about the timing and import of multiple forces at work, will create a "chaotic middle" of change for insurers over the next 10-15 years.
RELATED CONTENT
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
