Robotaxis are giving commercial shape to APAC’s broader AV market, but insurers remain constrained by limited data, fragmented regulation, and unresolved liability questions.
Growth is also being supported by digital distribution, product innovation and underwriting discipline, despite pressure from rising vehicle prices, weaker purchasing power and weather-related losses.
Bajaj General Insurance deepens its distribution reach into rural and semi-urban India through a tie-up with Vakrangee, amid low market penetration flagged by Economic Survey.
Ahead of the ACCC's Phase I review decision next month, IAG's renewed bid to secure regulatory clearance for RAC Insurance has drawn fresh opposition from Australia's motor trade body.