Will Driverless Cars Run Insurance Companies Off The Road?

Will Driverless Cars Run Insurance Companies Off The Road?

They’re here – driverless cars. Another classic example of disruptive technology.

What happens to insurance companies that insure drivers – who now don’t drive? Do they insure the car companies instead? And if there are fewer accidents, what will all the repair shops and parts manufacturers do?

The cascading impacts of technology can reach far into the business world. The trick is to anticipate these impacts well in advance and develop plans to navigate through them.

Is there a technological innovation lurking around the corner that could “obsolete” your product or service?