Partnership between BMW and Swiss Re
BMW and Swiss Re are working together to develop a new motor pricing concept which will integrate driver assistance mechanisms for the calculation of tariffs.
Both partners have developed an algorithm that can measure the effects of assistance systems on vehicle safety. Their goal is to offer cheaper premiums to potential customers.
For Swiss Re, this partnership stimulates innovation in the motor vehicle sector. The Swiss reinsurance giant believes that integrated security systems and autonomous driving are challenges for insurers.
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