About This Event
Commercial vehicle technology is advancing rapidly, and actuaries need to understand the insurance implications. Autonomous transportation networks are expanding, with more Level 4 vehicles moving to driver-out operations and autonomous trucking fleets growing their footprint. Riders can now hail autonomous vehicles in multiple U.S. cities. This presentation provides background on current best practices for underwriting, pricing, and reserving in commercial auto, plus a snapshot of traditional market performance, before discussing how these approaches may evolve to address autonomous vehicle risks despite limited historical data. The session explores how autonomous systems perform relative to human drivers, the implications for pricing assumptions and claims development patterns, and how actuaries can incorporate safety engineers' expertise into their analyses. Attendees will also gain insight into strategies for incorporating emerging data sources and adapting traditional methodologies to reflect the changing commercial auto landscape.
