Alphabet Inc.’s Waymo self-driving car group announced a deal with Trov Inc., a venture-backed insurance startup, to provide some reassurance against unexpected events for riders who will be testing its upcoming autonomous shuttle service. The insurance coverage will include several protections for passengers for the duration of each trip including lost property, trip interruption benefits, and medical expense reimbursement. Waymo’s Director of Operations Shaun Stewart said that one of the reasons they chose Trov is that innovative technology needs innovative partners. “Trov is pioneering a cutting-edge approach to insurance that’s ideal for ride-sharing because it’s customized for every trip. As we prepare to launch a commercial
Last week Intel CEO Brian Krzanich revealed that his company supplies processors and other hardware to Waymo, and that Intel would like to continue working with the former Google self-driving car project. The Intel components are used in Waymo’s Chrysler Pacifica Hybrid minivans, which recently replaced a fleet of small pod-like electric cars as Waymo’s frontline test vehicles. The $15.3 billion acquisition of Mobileye could strengthen Intel in the self-driving vehicle space to offer a variety of items related to self-driving vehicles. These products include cameras, machine learning, sensor chips, roadway mapping, cloud software, and in-car networking. Waymo has a hardware program for sensors, autonomous decision-making, pathfinding, and more.