According to Morgan Stanley analysts, Tesla Insurance, which began underwriting its own policies in three states last month, could pose a long-term challenge to traditional auto insurers. Analysts believe that Tesla, cites Reinsurance News, becoming a top 10 auto insurance carrier is not a “far-fetched expectation,” and that insurance premium forecasts for Tesla yield about… Continue reading Tesla Insurance Has Potential to Become a Top-10 Carrier: Morgan Stanley Analysts
Tag: vehicle insurance
CEO Mary Barra Bets GM Can Grow Beyond Cars and Trucks
Pam Fletcher wants to change the way General Motors Co makes money. The veteran GM engineer’s Global Innovation team is looking for new enterprises to expand the automaker’s sources of revenue well beyond vehicle sales and is incubating ventures from commercial delivery services to vehicle insurance, to address future markets worth an estimated $1.3 trillion.… Continue reading CEO Mary Barra Bets GM Can Grow Beyond Cars and Trucks