Perspectives

Ride-share: the potential is thrilling

Are driving tests being confined to history?

I’m at a red light. I’ve been here too long. Long enough to think about what I need to do next. ‘Handbrake, clutch, gas...’ My hands start to sweat. 

Would you get a lift with a robot taxi?

I’ve been learning to drive for longer than I care to admit. I’m not good at it. My money would’ve been better spent on taxis. My instructor despairs, as well she might. She’ll be out of a job soon, and I’ll have wasted time and money on an obsolete skill.

The London Road Safety Council forecasts around a third of private drivers’ journeys will be driverless by 2025. What’s more, up to 30% of taxi and private hire journeys could be replaced by autonomous vehicle ride-sharing. 

Bloomberg America reports: 

• In 2016, General Motors (GM) invested $500 million in Lyft to develop robot taxis. 

• By 2019, GM plans to have self-driving cars in the ride-sharing market.  

• By 2021, Ford expects to sell more than 100,000 robot taxis – with no steering wheel, no gas pedal, and no brake pedal. 

In future, Bloomberg predicts 75% of the miles people drive could be through ride-sharing services, making autonomous ride-sharing a $1.6 trillion market in America.  

In the meantime, Lyft, the fastest growing ride-share company in the US, have expanded into Ontario, Canada where Aviva is their official insurer.   

From the moment Lyft drivers make themselves available to accept a ride request via the Lyft app to the moment passengers exit the vehicle, Lyft’s commercial insurance policy with Aviva Canada provides coverage. Safety for our drivers and passengers is of the utmost importance to us and we’re looking forward to partnering with Aviva to best serve Lyft customers.
Melissa Gale, Senior Manager, Risk Solutions, Lyft

Back in the US, Lyft are already inviting people to join the self-driving movement. This isn’t the future; it’s happening right now. Google it and see for yourself. 

The disruptive potential of ride-sharing is thrilling. And if my three-year-old never has to go through the pain of learning to drive, well, that’s thrilling too. 

http://londonroadsafetycouncil.org.uk/

www.aviva.ca/en/find-insurance/sharing/lyft_ridesharing_insurance/

www.lyft.com/self-driving-vehicles

#LRSC 

#AvivaCanada 

#RideIntoTheFuture

Enquiries:

Gwen Warrilow - gwen.warrilow@aviva.com mobile: 07800 692 940.