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Munich Re

Insure AI 

As AI becomes increasingly used by businesses in critical decision-making processes, there is an increased risk that a mistake by an AI model could cause harm, either to the company's operations or to third parties who might be affected by these erroneous AI decisions. Even the best-trained AI models will make mistakes, due to the probabilistic nature of their predictions. During this session, we will outline the risks of errors arising from the provision and use of AI, dive into examples of how these risks have manifested themselves in real-world incidents and litigation, and introduce aiSure, Munich Re's product to insure such risks.