Supply Chain World - Volume 7, Issue 3 - 15
SAFETY
along a continuum with five distinct
stages that include:
+ Driver assistance
+ Partial automation
+ Conditional automation
+ High automation
+ Full automation
Right now, we are hovering around
stage two - partial automation -
where there are number of combined
automated technologies built into
vehicles that help drivers but still
require them to be fully engaged. The
move toward fully autonomous vehicles
will likely happen slowly and rely on
improvements in infrastructure, regulations and governance. While telematics
could reduce certain risks, there could
be a certain level of operational risk
remaining, for a few reasons:
1. New technologies bring new potential risks, like cyberattacks;
2. New technologies bring questions
around liability and, in this case,
the question might arise whether
the vehicle owner, manufacturer or
programmer could be deemed to be at
fault in the event of a crash involving
an autonomous vehicle; and
3. Risk can never be fully eliminated.
With verdicts exceeding the $10
million range at an unprecedented rate,
commercial transportation companies
and those with large fleets need to
ensure that they have the appropriate
insurance coverages in place. Organizations should work with insurance
carriers, brokers and risk engineers -
who have deep expertise in the types
of exposures their companies face
in order to best mitigate current and
emerging risks.
With the frequency and severity of
auto liability on the rise, companies
should proactively review and adapt
their safety management plans. Safety
is a commitment that must underscore
every action that is taken at an organizational and individual level. Whether it
is through the adoption of telematics or
the installation of a no-cellphones rule,
safety is a value we must work together
to promote and strengthen, both on and
off the road.
This document is advisory in nature and
is offered as a resource to be used together
with your professional insurance advisors
in maintaining a loss prevention program.
It is an overview only, and is not intended
as a substitute for consultation with your
insurance broker, or for legal, engineering
or other professional advice.
David Brown is an EVP and transportation prac-
tice leader for the Chubb Major Accounts Division. He
is responsible for managing the underwriting services
provided across the country to multiple lines of
business, assisting clients in their efforts to enhance
their safety culture and mitigate potential exposures.
He has more than 28 years of experience underwriting primary casualty coverages in the U.S. for large
corporate insureds.
VOLUME 7, ISSUE 3 Supply Chain World
15
Supply Chain World - Volume 7, Issue 3
Table of Contents for the Digital Edition of Supply Chain World - Volume 7, Issue 3
Contents
Supply Chain World - Volume 7, Issue 3 - Cover1
Supply Chain World - Volume 7, Issue 3 - Cover2
Supply Chain World - Volume 7, Issue 3 - 1
Supply Chain World - Volume 7, Issue 3 - Contents
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Supply Chain World - Volume 7, Issue 3 - Cover3
Supply Chain World - Volume 7, Issue 3 - Cover4
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