Zurich drives into the future with Rinspeed
by Gill Montia
Story link: Zurich drives into the future with Rinspeed
Zurich has announced that it will be collaborating with innovative Swiss car manufacturer, Rinspeed, on initiatives to develop a better understanding of how people will drive in the future and how this will change insurance needs.
The insurer is also involved in the development of “BamBoo”, a community platform that aims to help users carpool through existing social media networks.
Zurich’s relationship with Rinspeed should allow it to tap into a knowledge pool where experts from areas such as car manufacturing, IT, telematics and communications exchange ideas.
The group will be providing its partners with insurance and risk insights in return.
Commenting on its ventures, Zurich says: “In the future, it is likely that insurance coverage will focus less on mere horse power and more and more on built-in technologies.”
Adding: “While new technologies open up a wide range of opportunities, at the same time new risks arise for which innovative insurance solutions are needed.”