The future of mobility and its impact on the automobile insurance industry

Gatzert N, Osterrieder K (2020)

Publication Type: Journal article

Publication year: 2020

Journal

Risk Management and Insurance Review Wiley

DOI: 10.1111/rmir.12140

Abstract

Among the trends impacting most industries are new mobility concepts, digitalization, urbanization, rising environmental awareness, and demographic change. The automobile insurance industry, in particular, is strongly affected by new mobility concepts, including autonomous, shared, and electric vehicles, which are expected to increasingly impact the risk exposure and insurance demand in the future. Identifying and assessing the resulting risk and opportunity landscape from these trends thus becomes a major strategic challenge for insurers. The aim of this paper is to analyze the trends that impact the field of mobility and thus automobile insurers. Based on this, we derive a set of strategic response measures for insurers to enable them to be prepared for the future of mobility.

Authors with CRIS profile

Nadine Gatzert Lehrstuhl für Versicherungswirtschaft und Risikomanagement Katrin Osterrieder Lehrstuhl für Versicherungswirtschaft und Risikomanagement

How to cite

APA:

Gatzert, N., & Osterrieder, K. (2020). The future of mobility and its impact on the automobile insurance industry. Risk Management and Insurance Review. https://doi.org/10.1111/rmir.12140

MLA:

Gatzert, Nadine, and Katrin Osterrieder. "The future of mobility and its impact on the automobile insurance industry." Risk Management and Insurance Review (2020).

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