Underwriting the exposure of AVs without prescribed driving routes
See how a leading European motor insurer underwrote AV risk for last mile delivery in a large European city.
Insurance client
European motor insurer
AV Application
Last Mile delivery
Location
Large European city
The challenge
To enable a leading European motor insurer to enter commercial fleet insurance with a data-backed AV product.
About the AV deployment
The AV routed through high congestion zones in open traffic with time-sensitive instructions for food delivery.
It covered up to 100,000 different delivery locations so needed to vary route selection significantly.
Simulytic’s impact
Supported the insurer with risk assessments quickly modified to match their client’s policy needs for their rapidly growing territory expansion.
Deployed machine learning to identify representative risks allowing the insurer to evaluate and underwrite the scaling AV deployment.
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