The marketplace for superior driver help methods (ADAS) is forecast to achieve over $67 billion by 2025, rising at a charge of 10 % every year. Many automobile producers have pledged to equip each new automobile with superior security options, similar to computerized braking, automated cruise management, lane conserving and extra, to boost security. But as this expertise comes aboard extra autos, what’s the impression on the insurance coverage market?
We just lately spoke with John Kanet, Director of Auto Insurance coverage at LexisNexis Threat Options, concerning the challenges related to ADAS and crucial issues and sources for achievement sooner or later. To study extra, hit play.