How one insurer is prepping for a world of driverless cars
“There’s an image of a street in America from about 1898 and everyone is in horse-drawn carriages,” says Penny Searles, the chief executive of Smartdriverclub. “The same photograph was taken just 10 years later in 1908, and everyone had the new Ford Model T car instead. The insurers who had figured out how to insure cars ahead of that change led the market for the following 60 or 70 years.”