Tag: AI Risk
Undisclosed AI use threatens cyber insurance portfolios
KYND, the cyber risk intelligence specialist, has rolled out an AI discovery capability that lets cyber insurers detect AI technologies across a company's online...
Insurers face a growing blind spot as AI adoption rises
Artificial intelligence is creating new challenges for insurers, from understanding where AI is being used to assessing liability and identifying potential aggregation risks. While...
Undeclared AI is the exposure insurers can’t yet price
The cyber insurance market is still treating AI largely as an extension of existing technology risk, rather than as a reason to create a...
Can actuaries trust AI models?
InsurTech firm Akur8 is taking a controlled approach to AI adoption in insurance: if using AI for actuarial work is possible and even necessary...
Cyber insurers face a growing AI coverage gap
The rapid adoption of artificial intelligence is creating a new challenge for cyber insurers: determining where AI-related losses fit within existing policies.
That question was...
Ethical challenges top AI barriers in insurance at 55%, exposing a...
Key views of challenges in implementing AI in insurance companies:
KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets on the key challenges they...
Cybercrime tops insurance performance threats at 83% alongside AI readiness and...
Key views of trends negatively impacting insurance organisation’s performance:
KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading organisations with revenues...
