Autonomous Vehicle Start-Up Suggests Insurers Could Control Fleet Risk

The self-driving vehicles of tomorrow could be actively monitored and shaped by insurance companies, suggests an autonomous vehicle start-up spun off from the University of Oxford. In directly monitoring and controlling autonomous vehicles, insurers could adjust vehicle behavior to account for nearby risk factors as they drive, according to Paul Newman, co-founder of Oxbotica and an Oxford professor.Newman says if insurers are closely involved in the early iterations of self-driving cars and are open to insuring them, that could ease lawmaker concerns and pave the way for increased testing on public roads, a CNET report quoted.