News Technology30 Apr 2019

Global:Artificial intelligence and robotics will create new demand for insurance says Lloyd's


Insurance will be in higher demand as businesses incorporating AI and robotics into their systems and processes will require adequate protection from a wide range of associated risks, stated two new reports commissioned by Lloyd's in collaboration with the University of Surrey. At the same time, the reports also discussed how insurers should look to exploit the potential benefits that AI and robotics can offer while being aware of the risks associated with such technologies.

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