Autonomous vehicles: is the traditional automobile insurance old-fashioned?

Autonomous vehicles: is the traditional automobile insurance old-fashioned?

Today, insurance campanies are facing new challenges further to the emergence of new technologies and the digital disruption within the insurance business : the arrival of the autonomous vehicles. In recent years, insurance companies have based their business model on three competitive advantages: Risk assessment, the knowledge of historical causal event data for loss probability through carrier portfolios. Risk pooling, the unwillingness or inability of single entities to cover their total individual risk. Risk timing, the ability to even out risks over time through risk assessment and risk pooling with time-delayed data analysis and according premium adjustments. In fact, insurance companies are now doing extensive research on individual drivers in order to price policies, as there is no comparable information exists for  autonomous vehicles. The insurance industry must redesign its current pricing structure to cover the decisions made by a machine instead of a human. The safety track record of a fleet will likely play a major role in the calculation.

Read More

Discover more insights on the Square news platform

White Papers from Square Management Group.

White Papers from Square Management Group.

Initio is part of the french group Square Management together with our colleagues from others consulting cabinets, we regularly produce white papers related to various Financial topics.

We have selected for you a short list of the most recent publications.

Read More

[Video] How will Robo-Advisors reshape Asset Management?

[Video] How will Robo-Advisors reshape Asset Management?

As promised, a nice video for those who missed our last @Initio event about Robo-Advisors at the @Lhoft last month.

  If you want to find out more, don’t miss out our @Initio White Paper covering all aspects of the topic and click to subscribe below.

 Stay tuned to find out more about our next events, because Expertise matters.

Thanks to all participants and to @Kotao Production for this smooth coverage!

Read More

Why do projects fail?

Why do projects fail?

A project failure can be considered as project that has not delivered its required expectations. In case the project can meet both the business ambitions and all stakeholder requirements, then it can be considered as a success.

However, in reality, expectations of the customers and stakeholders keep on changing constantly, inhibiting the project team to deal with issues and to achieve project goals. But the question is why do project fail? Project failure occurs if the projects are late, crossed their budget, does not deliver the business value as expected or deliver the wrong product.

Read More