Allianz insures Singapore's first driverless bus

Allianz Insurance Singapore has insured Singapore's first fully driverless bus, marking a significant step in autonomous vehicle insurance. The policy covers damage to the bus, its components, and third-party liability for property damage or injury caused by the vehicle. This development comes as Singapore prepares to deploy autonomous public shuttles. Industry players note the need for evolving insurance sector laws and expertise to handle the complexities and potential risks associated with wider autonomous vehicle adoption.