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Beazley expands cyber cover for AI malfunctions and regulatory risks
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City AM
Beazley expands cyber cover for AI malfunctions and regulatory risks
FTSE 100 insurance giant Beazley has launched a new cyber line for businesses that insures against unintentional regulatory non-compliance and financial and reputational losses as a result of AI system malfunctions. Speaking to City AM, the speciality insurer’s head of cyber risks, Alessandro Lezzi, said the move comes as the firm sees “AI changing the threat [...]
24 Sept, 12:16
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