Automated car technology to drive down accident rates by 6% – Swiss Re

New car technologies could cut motor accident frequency by more as much as 6% by 2020 and reduce motor premiums by $20bn, according to new research. The study by Swiss Re and location cloud company Here said technologies such as automated driver assistance systems (ADAS) and car connectivity could play a significant role in reducing the yearly 1.2 million fatal road traffic accidents worldwide. Fewer accidents will likely lead to lower expected losses for insurers, which in turn should bring down overall third-party motor liability premium, the study said.