Insurance Australia Group Ltd · ASX:IAG
Insurance Australia — Investor Day (April 2018)
9 slides from Insurance Australia's investor day presentation, Apr 11, 2018
Slide 1: Future of Motor Insurance
FUTURE OF MOTOR INSURANCE David Harrington Investor Day Group Executive, Strategy and Corporate Development 11 April 2018
Slide 2: IAG's Views on Future of Motor Insurance
IAG’S VIEWS ON FUTURE OF MOTOR INSURANCE 1. We’re still early on the pathway to driverless vehicles but expect rapid adoption of driver assistance systems 2. Private motor vehicle ownership will continue to be important but we expect an accelerated shift to shared vehicle trips after 2030 3. The mot
Slide 3: SAE 5 Levels of Motor Automation
SAE 5 LEVELS OF MOTOR AUTOMATION Driver Conditional Full Assistance Automation Automation (Fully Driverless) You complete the majority Hands off the wheel! of the driving task, with All aspects of driving are We won’t even need 0 assistance for either steering, acceleration or braking. 2 automated –
Slide 4: Dual Forces Are Shaping Future Mobility
DUAL FORCES ARE SHAPING FUTURE MOBILITY Driverless Shared Private Autonomous technology Autonomous Autonomous Electric Vehicles Vehicles Private Shared Motor Motor Vehicles Vehicles Assisted Private Shared Vehicle sharing IAG Investor Day | 11 April 2018
Slide 5: Assisted Driving Will Be Universal by 2040
ASSISTED DRIVING WILL BE UNIVERSAL BY 2040 Automation levels of Australian motor vehicle fleet Australia US 90% 97% 48% 53% 14% 22% Sources: IAG estimates, UBS(2017), McKinsey (2016), BCG (2018 ), Haratsis (2016) Litman (2017) IAG Investor Day | 11 April 2018
Slide 6: Shift in Trips to Shared Autonomous Vehicles
SHIFT IN TRIPS TO SHARED AUTONOMOUS VEHICLES Driverless Shared Autonomous Private Electric Autonomous technology Autonomous Vehicles Vehicle $0.50-0.60 / km Car Sharing (GoGet) $1.20 / km Ride Sharing Private Ride Hailing (Uber Pool) Motor Vehicles (Uber X) $1.50 / km $0.60-1.00 / km $3.00 / km Assi
Slide 7: Shared Mobility Trips Accelerate from 2030
SHARED MOBILITY TRIPS ACCELERATE FROM 2030 Share of trips by type of Mobility Australia US 85% 60% 45% 30% 45% 12% 10% 10% 3% Sources: IAG estimates, McKinsey (2016), BCG (2018 ), Haratsis (2016) Litman (2017) IAG Investor Day | 11 April 2018
Slide 8: Continued Motor Insurance Growth to 2030
CONTINUED MOTOR INSURANCE GROWTH TO 2030 ANZ motor insurance market GWP (A$m nominal) ? Autonomous Commercial Motor 32% 23% Personal Motor 68% 77% Sources: IAG estimates IAG Investor Day | 11 April 2018
Slide 9: IAG Is Leading the Way
IAG IS LEADING THE WAY Autonomous Insurance Shared Mobility Insurance • IAG Research Centre testing Advanced • Leadership in commercial fleet Driver Assistance Systems (ADAS) insurance • Collaborating with OEMs to include ADAS • Ride hailing gap insurance (Uber gap • Collaborating with OEMs on repai
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