In March’s edition of the OSR Newsletter, Freddy Knight delves into the double-edged sword that is Artificial Intelligence in the cyber insurance market.
“I feel the next 12-24 months will be pivotal in establishing a market response to AI developments. From there, if the technology grows at even a fraction of the pace it is expected to, it will be interesting to see the proactive steps taken from both the reinsurance and Lloyd’s markets to grow with the technology. Steps that, I imagine, will need to be significant.
Will AI technology enable wider coverage? Or will it force coverage restrictions? Will AI technology improve claims handling capabilities? Or will it increase claim notifications? Perhaps it will be all of these things, perhaps none.”
Dive deeper into Freddy’s insights and explore a range of topics including Remote Desktop Protocol, software patching, and the history of the world’s first computer virus in our full E-Newsletter, available to users of the OSR Broker Portal on a monthly basis from March.
If your brokerage would like access to the OSR Broker Portal, where obtaining cyber insurance quotations takes less than 2 minutes, contact the OSR team today on:
📧 support@optimumsr.co.uk | 📞 +44 20 3675 0910
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Director, Executive Search at Arthur J. Gallagher
2wInteresting thought.