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Driverless Cars Will Change Auto Insurance. Here’s How Insurers Can Adapt

Harvard Business

Our forecast shows that the drop in individual premiums – due both to decreased private ownership vehicles and to safer vehicles — will begin in 2026, as large numbers of autonomous vehicles begin to appear, and could be as much as a $25 billion loss for insurers by 2035. Product liability.

Insurance 131
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Sustainable Aviation: Emerging Trends and Opportunities

Tom Spencer

While electric vehicles are already replacing conventional automobiles, no electric aircraft is ready for large scale commercial production that can usher in a sustainable revolution in aerospace. By 2026, the global market for commercial aircraft is projected to reach around $70 billion , up from $55 billion in 2019. Other Trends.

Trends 88
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Clean Energy Transition: Business Risks and Opportunities

Tom Spencer

While there are many risks and obstacles involved in being an innovation leader – producing products not supported by the current infrastructure, creating more waste than recycling, and the high cost and limited capacity of existing energy storage methods – these problems also represent opportunities for innovation and growth.

Energy 88