AI and Insurance: How Do We Protect Our Company?
A data breach caused by an AI vulnerability, a product liability claim stemming from AI bias and many other scenarios could wipe out the gains created from using generative AI. Even worse, the company’s existence could be placed at risk. So an obvious question must be asked “Is the company truly insured for these risks?” […]
Trade Secret Insurance Considerations
Trade secret insurance protects businesses from financial losses resulting from the theft, misappropriation, or unauthorized disclosure of their trade secrets. A broad definition of trade secrets requires information to be (a) protected as confidential and proprietary; and (b) have economic value because the public does not have access to the information. That being said, do […]
