In our modern, connected society, AI is here to stay. However, the emerging risks and insurance implications are complex, diverse, and constantly evolving. Many companies and vendors are scrambling to incorporate AI because it sells. However, new technology also offers new risks that must be understood and confronted.

More healthcare organizations are adopting AI to improve efficiency. AI promises to bring significant benefits, but this rapidly evolving technology also can introduce new exposures for providers. Partnering with knowledgeable wholesale brokers can help agents and their clients better understand the risk and coverage implications of AI.

The use of Artificial Intelligence (AI) by law firms has recently become a hot topic of discussion. Definitive answers regarding the appropriateness of its use remain elusive. While technology evolves quickly and the conversation may change over time, it’s important to consider the potential issues around the use of generative AI. Currently, discussion with various law firms indicate that many firms are working to develop internal policies regarding the use of AI. Some have shared that they’re trying to get out ahead of the issue even as many lawyers are likely already utilizing AI. If so, policies are likely needed in relatively short order.