The Department for Transport’s recent National Travel Survey shows a sharp drop over the past 18 years in the number of young people holding a full driving licence.  For many years, passing a driving test and buying a first car was a rite of passage, less so nowadays it would seem.

Many people, disproportionately the young, are increasingly seeking other ways to get around on the roads - opting for car sharing or ride sharing, for example.   Trends such as the sharing economy will have an increasing impact on insurers.  In our report, Turbulence ahead, we consider the sharing economy and other transformative forces impacting the general insurance industry and surmise on what the future holds.