Cars are becoming increasingly autonomous, with manufacturers moving ever closer towards fully driverless vehicles. For the insurance industry, the potential ramifications are transformational.
In view of this change, insurers clearly need to address some questions. First, who will be accountable in the case of accidents involving driverless vehicles? And will anyone need car insurance when they are not actually drivers of their vehicles?
The identity and preference of drivers are becoming increasingly intertwined with their vehicles. We ask Roger
Lanctot, associate director at the global automotive practice of Strategy Analytics, what the future holds for connected services and security and the importance of consumer experience.
Consumers constantly demand more from packaging. They want products to be environmentally friendly, and most are more likely to buy goods in packaging that represents them and their lifestyle. Glass gives brands endlessly recyclable and customisable packaging that empowers them to stand out even in the most fiercely competitive markets. It also allows them to preserve the subtle taste and texture of their products.
While glass, as with all packaging, had for some been viewed as a cost, the material is now increasingly viewed as a powerful brand asset. Euromonitor data shows a steady increase in glass usage since 2016. High glass-share segments, such as premium alcoholic beverages, are continually growing, and there is now increasing use of glass for packaging food and non-alcoholic drinks.
Any individual’s experience of looking after their own wellbeing could typically involve factors such as good eating, exercise and treatments from medical specialists when needed. But a wealth of new technologies are now being made available to empower people in addressing their own health issues more consistently and help companies support employees in this area.
“Technology is putting control of a medical condition or a wellness desire in the hands of the consumer, and enabling them to be much more proactive in terms of health management and getting a better quality of life,” explains Richard Cooper, head of digital and ecommerce at private healthcare firm AXA PPP healthcare.
The traditional car purchase could soon be a thing of the past. According to the consultancy firm PwC, by 2030, shared or autonomous vehicles will be responsible for up to 37 per cent of mileage driven globally. The era of cars on demand is here, and manufacturers must respond now.
In the last two years, luxury car manufacturer BMW has dramatically broken with tradition in an effort to reduce reliance on vehicle sales. The German company has been growing ReachNow, a program described as ‘Airbnb for cars’, which allows people to rent BMW vehicles from owners without all the typical costs. Rentals are made on demand via a peer‐to‐peer app. Ford and General Motors have created similar services.
It is now widely accepted that there is an environmental crisis gripping the Earth. Climate change affects people living across continents and is expected to worsen as the global population nears nine billion by 2050.
Product-makers have an urgent responsibility in helping ensure sustainability and they are increasingly doing so, motivated by the environmental challenge, customer preferences and, in some cases, regulation. But they need an all-encompassing approach.
One in two people in the UK are expected to be diagnosed with cancer at some point in their lives. Fast access to diagnosis and expert treatment, along with holistic support, is essential.
Despite accessible information on common cancer symptoms and innovation in treatment, those diagnosed with the condition face numerous obstacles in their care.
Individuals and businesses increasingly demand that the packaging enclosing their products is not ecologically damaging, as awareness rises around the effect of packaging on the environment. Meanwhile, governments are pushing the packaging industry to reduce its environmental impact dramatically. Against this backdrop, cartonboard is gaining ever-greater favour and in many cases it is replacing plastic.
Saudi Arabia is using data-driven technology to improve the transparency of its government bodies, drawing from masses of publicly available information to assess their performance.
Fresh from Saudi crown prince Mohammad bin Salman’s visit to the UK, in which the leader met British prime minister Theresa May, the Queen, and blue chip business chiefs, his country is taking tech-enabled steps to transform transparency and efficiency. It is also offering the methodologies to other nations by making its tech tools open access.
A selection of articles, reports and other content.