“Technology is changing how we think about jobs,” Dr. Robert Hartwig, president of the Insurance Information Institute (I.I.I.), told the audience of workers’ compensation experts at this year’s annual symposium of the National Council on Compensation Insurance (NCCI).Which makes it easier than ever to match people with needs with people who'll fill them, he admits;
The effects of the on-demand economy are creeping into just about every insurance sector: personal and commercial auto, homeowners and renters, professional and other liability lines, and workers’ compensation.
These services and their workers are raising many insurance and liability questions. Insurance companies are beginning to “fill the many insurance gaps that arise,” however, Hartwig predicts there will be a period of court and legislative battles ahead before all the questions are answered. [our bold]Because one thing there isn't an increasing demand for, is third party interference with individual's lives. So, the kibitzers will turn to politics (and politicized courts) in order to survive. Dr. Hartwig should think about insuring the new order;
There were 200,000 industrial robots installed globally as of 2014, a number that is expected to reach 300,000 by 2017, according to the International Federation of Robotics.
And many more of what Hartwig described as “transformational technologies” are around the corner: driverless cars and trucks, wearable devices, implantable devices, advanced robotics and artificial intelligence.Those are needs. Fill 'em.