Blog: Advancements in vehicle technology - are insurers keeping up?

Austin Maxi
Austin Maxi

Fifty years ago, as the first Ford Capris, Austin Maxis and Aston Martin DBS V8s arrived on the UK’s forecourts, Thatcham Research was established to improve vehicle safety standards and contain claims cost. However Graham Gibson, chief claims officer at Allianz and chairman at Thatcham Research, argues the rapid pace of technological development means there are new challenges on the horizon.

Vehicles are set to change much more in the next five years than they did over the last 50.

Alongside the shift towards alternative fuels such as electricity and hydrogen and the emergence of more

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Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.

Neil Gibson, Sedgwick

Neil Gibson leads Sedgwick’s UK executive team as CEO and has overall responsibility for the 2,500 colleagues who work for the claims management company.

Lisa Bartlett, Crawford

Lisa Bartlett, chief operating officer for international at Crawford, is the first and only woman leader of a UK-based loss adjusting company.

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