General Insurance Article - RSA chosen as insurance partner for driverless cars project


 RSA has announced that it has been selected as the insurance partner for a Government backed project to pilot driverless cars in the Royal Borough of Greenwich, London.

 The project contract, awarded to a consortium led by TRL – the leading transport innovation consultant – which RSA is a member of, is part of the Government's recent announcement to test the suitability of driverless cars in locations across the UK.

 The consortium has been selected by Innovate UK to deliver the GATEway project (Greenwich Automated Transport Environment), one of three projects awarded to test driverless vehicles. The £8 million scheme will start in January 2015 and will carry out three trials of different types of zero emission automated vehicles over the next three years within a test environment in the Royal Borough of Greenwich.

 The objective of the project is primarily to investigate driver behaviour of driverless cars. Risk, liability and insurance issues will also be researched and the project will monitor how pedestrians interact with the vehicles. Once complete, the research will be used to inform how these cars can be integrated into the existing UK transport infrastructure.

 Commenting on the win, Kenny Leitch, Global Telematics Director at RSA, said: "We're delighted to have won this contract. Driverless cars are a fantastic innovation which will fundamentally change the world of motoring and car insurance. There are many unanswered questions around how these cars will be insured and through our involvement in this project we will be one of the first insurers to gain first-hand knowledge of the technology. As a result, we’ll be strongly positioned to educate drivers and also offer the most appropriate insurance for these cars."

 Other large multinational companies that are part of the The GATEway project consortium include Shell and Telefonica.

Back to Index


Similar News to this Story

Pet insurance premiums rise exceeding March 2024 levels
The latest Pet Insurance Pricing Index from pricing experts Pearson Ham Group shows a continued upward trend for Lifetime policies, the most popular t
Lloyds report strong performance and investor appeal
Insurance Capital Markets Research (ICMR) and the Lloyd’s Market Association (LMA) have released their 2nd annual report, the Lloyd’s 2025 Insights Re
Insurance customers save GBP100m as instalment costs fall
Consumer Intelligence launches APR Awareness Month to highlight true cost of insurance Instalments. Cost of living pressures and rising insurance prem

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.