With the advent of autonomous driving, Swiss Re has partnered with Chinese tech giant Baidu to deliver risk management and novel insurance solutions. Swiss Re and Baidu’s alliance intends to advance the autonomous driving business and create a new industrial paradigm. It enables reinsurers like Swiss Re to customise autonomous driving insurance solutions to tech… Continue reading Swiss Re and Tech Giant Baidu Partner to Deliver Autonomous Driving Risk Management & Insurance
Tag: autonomous driving
Autonomous Driving Startup Momenta Raises Another $500M
In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China, announced today an additional $500 million added to its Series C round. The new injection brings the total of the startup’s Series C to over $1 billion. Momenta adapts what it calls a two-legged… Continue reading Autonomous Driving Startup Momenta Raises Another $500M
Marsh Launches New Insurance Facilities for Sharing Economy and Autonomous Mobility Industry
Marsh, a global leader in insurance broking and innovative risk management solutions, announced the launch of two new insurance facilities to address the critical casualty risks faced by clients operating in the fast-evolving sharing economy and autonomous mobility industry. Marsh’s Sharing Economy Insurance Facility offers up to $10 million in dedicated primary non-admitted auto liability… Continue reading Marsh Launches New Insurance Facilities for Sharing Economy and Autonomous Mobility Industry
Driverless Technology Will Transform Commerce Before Passenger Cars
In the wait for self-driving technology, cell-phone toting tech bros may have to cede their spot in line to pizzas, Craigslist couches and the mounting ephemera of e-commerce. The future—at least in the near-term—will not only be driverless, but sans passenger as well. The early conversations around driverless cars have focused on robot taxis because… Continue reading Driverless Technology Will Transform Commerce Before Passenger Cars