Insurance for autonomous vehicles: partnership between Swiss Re and Baidu

Swiss ReThe Swiss Re Group has signed a partnership agreement with Chinese technology giant Baidu. The collaboration focuses on the development of insurance products adapted to autonomous vehicles and the needs of technology companies.

To bring the partnership to life, Swiss Re is launching a first insurance product for Baidu's "Apollo Valet Parking (AVP)" automated valet parking. The solution covers the entire autonomous driving value chain: from risk factor selection and product pricing to claims management.

More innovative insurance solutions for autonomous driving will be developed by the two partners in the near future.

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