Self-Driving Cars a Game Changer for Insurance Companies

How would you feel if 40% of your business would be at risk of slowly melting away? That’s exactly the situation most property and casualty (P&C) insurance companies are facing. Autonomous driving is despite all the social benefits an obvious threat to the bread and butter business of insurers.

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Where Are the Customers’ Yachts?

Warren Buffet reminded us of this story when he delivered an epic rant against Wall Street last weekend during the annual meeting of Berkshire Hathaway. Buffett unloaded what he called a “sermon" about hedge funds and investment consultants. Shortly put, Buffet thinks these players are usually a "huge minus" for anyone who follows their advice.

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