Swiss Re, Baidu Team Up In Autonomous Driving Business

2014 02 26T215717Z 1 CBREA1P1OZL00 RTROPTP 4 CTECH US BAIDU RESULTS

Written by

in

Swiss Re and Chinese tech group Baidu are teaming up to help advance autonomous driving, the Swiss reinsurer said on Friday.

Swiss Re will provide risk management expertise and insurance products for Baidu’s autonomous driving business, it said without giving any financial terms.

“This partnership will advance risk management research and insurance protection for autonomous vehicles, representing an important step forward in building a comprehensive ecosystem of mobility services,” Swiss Re said in a statement.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *