AI in the Insurance Industry - An Update on the Legal Issues

Introduction

The growth of Artificial Intelligence (AI) is revolutionising all aspects of the insurance industry including risk assessment, underwriting, claims and distribution. This new technology presents many opportunities, but it also raises challenges for all of those concerned including insurers, policy holders, intermediaries, advisers and regulators.

These new developments also raise a number of new legal issues of which everyone involved with insurance, as a buyer, seller or adviser, should be aware.

What You Will Learn

This webinar will cover the following:

• How the insurance industry is already using AI and possible future developments
• The legal challenges facing insurers, brokers, policy holders and advisers in navigating these changes
• How AI is changing the nature of established risks and the legal consequences
• Potential new liabilities for insurers created by AI
• The developing legislative framework

This webinar was recorded on 21st March 2024