Analysis

TechTalk: AI uptick could see firms needing insurance to cover ‘mishaps’

By 2023-10-30T08:00:00

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While the onus for responsible use of AI currently lies with the regulator, should the insurance sector be addressing these concerns as a matter of priority?

The UK government is attempting to take a leadership position on artificial intelligence (AI), with plans for the country to become the “global hub of AI”.

With more and more insurance firms exploring and adopting this technology, the issue of whether companies may need to put an AI insurance policy in place has arisen.

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