You can’t go anywhere without hearing about the impact of generative artificial intelligence on … well, everything. The insurance industry is not immune from these impacts; it has been affected by AI in countless ways – from the use of AI in underwriting and claims processing and handling to a growing need to ensure that policies adequately respond to the minefield of risks policyholders will face when utilizing AI in their business operations. The latter is the subject of this article.
This content was originally published on Sherman & Howard’s Insights webpage. It is republished here with permission.
Most businesses are insured under a program of insurance policies, throug