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Business

New policy to help automakers test the cars of tomorrow

TOKYO -- Japan's Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance have jointly developed a new insurance product to cover risks involved in demonstration tests of self-driving cars.

     It is the first such insurance product in Japan. The two insurers, both subsidiaries of MS&AD Insurance Group Holdings, said they have already already won a contract from a venture company for the new insurance service. 

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