overview
Artificial intelligence is creating new categories of enterprise risks ranging from cybersecurity, privacy violations, misinformation, and professional liability. But are those risks actually insurable?
In this episode, today’s technology industryIn this episode, host Keith Shaw speaks with Josh Motta, co-founder and CEO of digital risk insurance provider Coalition, about how insurers are responding to the rapid rise of AI across business operations.
Motta explains why AI should be considered a new type of business risk. Because AI can cause losses across multiple insurance categories, including cyber insurance, professional liability coverage, and errors and omissions insurance. He also warned that coverage gaps are starting to appear as insurers introduce exclusions related to the use of AI in specialized fields such as law and medicine.
The conversation will also address emerging threats such as deepfake impersonation, AI fraud, privacy violations, and lawsuits related to how organizations collect and use data.
The challenge for CIOs, CISOs, and other technology leaders is to understand how AI changes the risk profile of an enterprise and decide which risks should be mitigated, transferred through insurance, or embraced by the enterprise.
Watch the full discussion in the embedded video below and read the full transcript that follows.
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