Axa UK wants the UK Government to prioritise self-driving legislation in the forthcoming King’s Speech and has cited research that found the technology could deliver multi-billion-pound savings to the UK by reducing costs related to road collisions.

David Ovenden, chief underwriting officer at Axa UK, said: “The Government has a self-driving bill waiting in the wings that is likely to win cross-party support. We’re calling on the Prime Minister to prioritise road safety on 7th November and include the bill in the King’s Speech.

“The potential savings, coupled with improved safety on our roads, make self-driving the most exciting transport innovation since the invention of the modern motor car. As a leading motor insurer, road safety is incredibly important to us and we urgently need legislation so we can define liability and plan for the future.”

Axa UK analysis found that self-driving vehicles could save the NHS up to £2.3bn every year in medical and ambulance costs associated with crashes on UK roads.

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