Capstone Insights
Delphi Automotive Plc, which is changing its name to Aptiv Inc., wants to cut the cost of self-driving cars by more than 90 percent to around $5,000 by 2025, according to Chief Executive Officer Kevin Clark.
Aptiv, which starts trading on Tuesday under the stock symbol APTV on the New York Stock Exchange, also wants to help automakers rethink the way vehicles are engineered and built and make money on the data generated by autonomous electric vehicles. Continue reading →
Cyber can be a difficult sell for brokers targeting small and medium-sized businesses.
But what if the cyber products were geared specifically towards the industries you were selling to – making it easier for insurance buyers to understand? Continue reading →
Evolving ransomware risks remain a significant concern for the cyber insurance market, while environmental insurers are carefully monitoring developing mold claims. Continue reading →
Recent high profile data breaches are leaving many consumers wondering how they protect not only their bank accounts, but their investments, from hacks and losing it all.
“Retirement and brokerage accounts can be hacked and they are especially attractive to criminals that are willing to work diligently to attempt to cash out a 401(k) or to perform unauthorized stock trades,” says John Buzzard, industry fraud specialist at Co-op Financial Services, a Los Angeles-based financial technology company. Continue reading →
Car shoppers are more ready for autonomous vehicles than they may realize, according to a report from car shopping platform Edmunds.com. More than 60 percent of new vehicle models today can be purchased with some level or autonomous features, the report, Transportation Transformation, shows.
Continue reading →
Bloomberg) — Reports of safety incidents involving civilian drones have surged to an average of 250 a month, leading to a federal “emergency” action to approve drone flights in restricted areas, according to a government notice seeking new procedures for the craft.
There is so much pent-up demand for obtaining special permission to fly drones in restricted airspace, that the Federal Aviation Administration says it can’t keep up. The FAA says drone users are flying without approval because of the delays.
Continue reading →
Matt Honea, cyber manager at Cyence, a San Mateo, Calif.-based cyber risk modeler, thinks a great way to get companies to report cyber attacks is to make them do it.
Honea, who believes insurers can be a catalyst for collecting data on cyber attacks and attempted attacks, also believes it’s a good idea to make cyber insurance a required coverage for companies. Continue reading →
More than half of U.S. businesses (53 percent) have experienced a cyber attack in the past year, according to a survey of business executives. Continue reading →
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