Florian David-Spickermann

The advent of automated vehicles (AV) is already taking place and will influence not only the automobile, but also the insurance industry sustainably. Hence, it is crucial for the (re)insurer to predict how AV will impact the respective insurance lines of business in the upcoming years, predominately the motor insurance business. Using expert discussions with participants from both the primary and reinsurance sector, crucial aspects such as the change in risk landscape and how automated vehicles have to be underwritten are discussed. Based on these expert opinions, trend statements are gathered to evaluate the ultimate impact on the observed market and its insurance stakeholders. In the final step of the thesis "Implications of privately-used automated vehicles as an emerging risk on the motor insurance risk-value chain by the example of Germany", the change in business relationship between the primary insurer and its reinsurer, namely the reinsurance contract, are discussed.