22 January

I never predicted the end of my working life would involve working with insurance. I’ve loved it. Insurance is great because it and the actuarial analysis that underpins it completely ignores people’s opinions on things. It cuts straight to the reality of what’s going on, it knows what’s actually happening, because it has to price the risks. Like this, with Tesla’s self-driving. 50% cut to insurance premiums for those who use it. Insurers I can promise you have zero interest in any online team sports over topics like this. They only look at outcomes. They know that no human can drive as well and as consistently as a well-engineered machine. Also why commercial planes shifted to mostly autonomous flight decades ago.