The construction industry, traditionally characterized by manual processes and extensive paperwork, is undergoing a significant transformation thanks to cutting-edge technologies. Chief among these is artificial intelligence (AI), which is reshaping how companies handle insurance compliance. This
As artificial intelligence (AI) technologies continue to advance at a rapid pace, silent AI has emerged as a significant challenge in the professional indemnity insurance sector. Silent AI, akin to silent cyber risks, concerns AI-driven threats that aren't explicitly included in insurance policies,
Simon Glairy is a prominent figure in the world of insurance and Insurtech, known for his deep expertise in risk management and AI-driven risk assessment. With a significant focus on advancing the insurance industry into the digital age, Simon brings a unique perspective on how technology can
The emergence of AI liability insurance marks a significant turning point in managing the complex risks associated with deploying artificial intelligence systems across various sectors. As machines increasingly make autonomous decisions that could lead to unforeseen consequences, companies are
Insurance claims reserving is a crucial aspect of the industry where precision and foresight dictate its effectiveness in predicting future liabilities. Actuaries, skilled at utilizing historical data and statistical models, have traditionally played a pivotal role in this process. However, as
In a world increasingly dominated by artificial intelligence, cyber threats have reached an unprecedented level of sophistication, challenging traditional security norms. According to recent studies, AI-driven cyber incidents have increased quintupled over just a couple of years, opening critical
