Insurance sector "still in the game" to cover driverless cars
But regulation around autonomous vehicles needs to change, says LMA's David Powell.
The legal and regulatory framework needs updating to meet the demands of autonomous vehicles, according to David Powell, head of non-marine underwriting at Lloyd’s Market Association.
At a lecture at Lloyd’s of London on 11 January, Powell highlighted that significant changes to the insurance industry are imminent.
“The government is keen to embrace incoming technology and it doesn’t want anything, including insurance issues, to get in the way of this,” Powell stated.
This was made evident
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