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October 3, 2018

NAVYA, AXA partner to develop insurance for self-driving cars

Navya has forged a partnership with AXA to develop insurance solutions for autonomous vehicles.

Under the terms of the three-year partnership, AXA will offer NAVYA insurance solutions to accompany its vehicle manufacturing business.

Additionally, the insurer will design bespoke insurance offers for its operator clients.

To facilitate NAVYA’s development, co-promotion actions will also be launched using the brand strengths of both companies.

Furthermore, NAVYA will share data about self-driving vehicles with AXA. As a result,  the insurer is able to develop insurer solutions for the new type of mobility.

Important partnership

NAVYA CEO Christophe Sapet said: “This partnership with AXA is an important milestone in NAVYA’s development. For a benchmark player in autonomous mobility, it is strategic to be able to join forces with a global insurance leader in order to develop a specific solution for users of new transport services, and hence contribute to enhancing our offering and improving our quality of service.”

AXA chief innovation officer Guillaume Borie said: “We are delighted to be launching this partnership with NAVYA. By supporting its development, we will enhance our knowledge of the risks associated with the emergence of autonomous vehicles, and thus be able to provide offers and services that are increasingly adapted to our clients.

“In keeping with our previously-announced collaborations with innovative new transport players, this partnership further strengthens our ambition of being the benchmark insurer for new types of mobility.”

The AXA Group has a workforce of 160,000 staff serving 105 million clients in 62 countries.

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