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Will Self-Driving Cars Kill The Insurance Industry?

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Question added by Shukri Ibrahim , Administration Officer , Rezayat Company Ltd
Date Posted: 2017/02/27
Mamoun elbaghir abdalla mhamad Eltayeb
by Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

I don't think so , whenever the chance for loss and the uncertainty still exist despite the new and advance tchnology which has been introduced to the manufactering of motor vehicle .

Besides , insurance always cope and pace with all new invention , hence insurer and reinsurer certainly will develop a new insurance policy amending the conventional one , that in my opinion will transfer the responsibility to include a new parties that my be involved in such technological change in motors , in addition to the motor vehicle original owner.

This amendments of course for a comprehensive insurance , and the other side , I mean the third party will remain the same.

Best whishes.

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