In future, this technology will enable complete automation of vehicles – starting with industrial applications like agricultural vehicles and culminating in a full robotaxi experience that could make inter-city travel more comfortable and affordable – something that Chris Moore believes is the toughest mountain to climb for AV technology, not least because autonomous systems still struggle to predict irrational human behaviour, particularly in a low-speed, urban setting.
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Most new cars already feature some sort of autonomous technology, allowing drivers to maintain a constant speed or helping to switch between lanes, usually on highway or motorway networks. What is the size of the AV market opportunity?Īccording to McKinsey, autonomous driving could create revenues of US$300-400bn by 2035. “I would absolutely get into an autonomous vehicle,” Moore says. It’s also a result of headline reporting, where a single AV crash will make front-page news but a million safe AV rides will not. In part, this is informed by distant memories of sci-fi catastrophe movies. “We trust autonomy in so many areas of our lives, including aviation and marine, but as soon as you start talking about autonomous vehicles people recoil,” he says.
Moore believes that mistrust in autonomous vehicles is often misplaced, especially given most people are happy to fly in a plane or travel on a ferry whilst it’s in autopilot mode. But AV technology also has the potential to reshape the insurance industry, and insurers must hop on board early in order to ensure they’re fully prepared. Certainly, it has the potential to increase convenience for consumers and unlock new opportunities for mobility in our daily lives. One of Apollo ibott 1971’s biggest areas of focus is autonomous vehicles (AVs). “We should be advertising the amazing things about the insurance industry and trying to recruit the freshest talent from university.” It’s no surprise that he has stayed the company sits at the vanguard of new technologies, creating insurance solutions for emerging businesses that will be household names in a few years’ time. That's something I'm quite proud of.”Īfter graduating from university, Moore pursued a career as a broker in London, spending two years at Catlin before joining Apollo a decade ago. “A lot of people talk about falling into insurance or just somehow ending up in insurance I may be one of those that actually wanted to be in insurance. “I studied mathematics at Bath University,” he tells us. Few kids dream of growing up into a life of underwriting, but Moore says he knew he wanted to get into insurance since going off to university. Continued abuse of our services will cause your IP address to be blocked indefinitely.Chris Moore, Head of the Apollo ibott 1971 syndicate, is possibly an anomaly within the world of insurance. Please fill out the CAPTCHA below and then click the button to indicate that you agree to these terms. If you wish to be unblocked, you must agree that you will take immediate steps to rectify this issue. If you do not understand what is causing this behavior, please contact us here. If you promise to stop (by clicking the Agree button below), we'll unblock your connection for now, but we will immediately re-block it if we detect additional bad behavior.
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