, Japan

Tokio Marine enters into an alliance with May Mobility

One of its aims is to research insurance products for autonomous driving.

Tokio Marine is entering into a capital and business alliance agreement with autonomous driving technology developer May Mobility to jointly develop fleet operation management services and research into insurance products for autonomous driving.

Recently, the government of Japan released “Public-Private ITS Initiative/Roadmap”, where the possibility of implementing unmanned autonomous driving mobility services in limited areas (i.e. areas with low/declining population density) at more than 40 locations nationwide by around 2025 was laid out.

The key initiatives of the alliance is the development of fleet operation management services for autonomous driving as well as developing and enhancing claims processing services for autonomous driving.

It also aims to develop advanced and high-grade digital risk consulting services, incorporating data from May Mobility's autonomous driving system into existing risk prevention consulting services. In addition, Tokio Marine will also conduct research into insurance products around the risks in autonomous driving and operation, based on the needs identified through joint projects with May Mobility. 

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Top three things killing the insurance industry
Thanks to these threats, 54% of insurers had an ROE below their cost of equity.
How Emma transforms AXA Mandiri's digital strategies
Emma is an all-in-one digital platform that meets the customers' needs, from purchasing an insurance policy to booking gym classes.