TuSimple and Liberty Mutual Insurance Partner to Study the Safety Benefits of Autonomous Trucks

TuSimple and Liberty Mutual will work together to better understand how autonomous technologies perform in comparison to the same types of trucks driven manually by human drivers

TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, and Liberty Mutual Insurance, the sixth largest global property and casualty insurer, announced a partnership to assess the comparative safety of autonomous trucks. 

TuSimple and Liberty Mutual will work together to better understand how autonomous technologies perform in comparison to the same types of trucks driven manually by human drivers.

“We believe the benefits of autonomous vehicles are powerful and will play a vital role in reducing the number of truck-related fatalities in the future,” said Jim Mullen, Chief Administrative and Legal Officer for TuSimple. “Given most accidents are caused by distracted, impaired and fatigued driving – factors that are eliminated by autonomous trucks – we expect the data to reveal significant safety advantages when TuSimple’s autonomous driving technology is applied.”

David Blessing, Liberty Mutual’s Chief Underwriting Officer for New Mobility added, “We are excited to leverage our vast experience in safety and risk management to support the continued roll out and scale of cutting-edge technologies in the trucking and logistics industry. This collaboration with TuSimple will advance our ongoing efforts to develop custom insurance solutions for companies operating autonomous vehicle fleets, today and into the future.”     

Today, TuSimple’s Autonomous Freight Network operates a fleet of 50 L4 autonomous trucks across the states of Arizona, New Mexico and Texas. TuSimple transports freight for revenue on highways and surface streets for customers such as UPS, U.S. Xpress, and Berkshire Hathaway’s McLane Company, among others, and plans to expand the Autonomous Freight Network from coast-to-coast by 2024.

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