Self-Driving Cars Will Transform the Auto Insurance Business: Jain

Self-Driving Cars Will Transform the Auto Insurance Business: Jain

Berkshire’s shareholders were surely funny successful security astatine the company’s yearly meeting.

Insurance caput Ajit Jain and CEO Warren Buffett took a question astir however self-driving cars are changing the car security business.

“There's nary question that security for automobiles is going to alteration dramatically erstwhile self-driving cars go a reality,” Jains said. “The large alteration that we volition spot is what you place successful it. Most of the security that is sold and bought revolves astir relation errors and however often they happen, however terrible they are, and truthful what premium they are charged.