Swiss Re, Baidu Team Up in Autonomous Driving Business

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

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Swiss Re and Chinese tech group Baidu are working together 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 providing any financial terms.

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

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