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15 November 2018 / Nicholas Bevan
Issue: 7817 / Categories: Features , Insurance / reinsurance
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Driverless vehicles: a future perfect?

In the first part of a special series on road traffic accident reform, Nicholas Bevan reports on the challenges posed by automated vehicles

  • An overview of Part I of the Automated and Electric Vehicles Act 2018, which is intended to fill the gap in civil liability law highlighted by the rise of automated vehicles such as driverless cars.

Part I of the Automated and Electric Vehicles Act 2018 (AEVA 2018) represents the most radical reform to the regulatory framework of compulsory motor insurance for 88 years. It is intended to address a gap in our civil liability law made manifest by developments in vehicle automation. This government is keen to facilitate this technology that promises to transform our lives in the future.

In 2017, the chancellor of the exchequer stated that the government intended these reforms to get driverless cars on our roads by 2021; much depends upon what is meant by ‘driverless’.

Third-party motor insurance was made compulsory under the Road Traffic Act 1930. The objective was, and remains, to guarantee that motor accident

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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