The integration of artificial intelligence (AI) into the business landscape brings both exciting opportunities and important challenges that organizations should consider. While the potential benefits of AI are significant, it is essential for businesses to thoughtfully evaluate and address the associated risks before they become more pronounced. Insurance can be an effective tool in this regard, helping to provide protection against unexpected challenges. In this course, participants will explore how insurance can mitigate risks through both traditional coverages and AI-specific insurance products. By gaining insights into what AI is, how it is defined, and how to shield against AI risks, businesses can confidently embrace AI while trying to minimize potential drawbacks.
- Understanding AI Risk
- Explore different risks posed by AI usage and deployment.
- Examine how such risks can impact insurance coverage.
- Defining AI: Achieving Contractual Certainty and a Functional Scope of Coverage
- Define different types of AI.
- Importance of defining AI for coverage purposes.
- Old Policies, New Risks
- Overview of traditional insurance policies (CGL, D&O, EPL, Cyber).
- Present recent and notable cases.
- New Risks, New Policies?
- Overview of new policy exclusions excluding coverage for AI risks.
- Overview of novel AI-specific insurance products.
- AI Underwriting
- Emphasize insurers’ increasingly detailed questions related to AI usage in underwriting.
- Contractual Risk Transfer
- Analyze how to hold vendors and partners accountable through well-drafted contractual provisions.
- AI in 2026 and Beyond: An Evolving Risk Environment
- Discuss federal and state AI regulations.
- Practice Pointers
- Discuss ten tips for organizations looking to address AI risk.
Hunton Andrews Kurth LLP
Madalyn focuses her practice on complex insurance litigation and advising policyholders in insurance coverage matters. As a member of the firm’s nationwide insurance coverage team, Madalyn represents commercial policyholders in a range of matters involving property and business interruption loss and commercial general liability insurance.
Hunton Andrews Kurth LLP
Alex counsels clients on all aspects of insurance coverage. He guides them in obtaining appropriate coverage and resolving disputes over coverage, including in litigation and arbitration. Before joining Hunton Andrews Kurth LLP, Alex served as a law clerk to the Honorable Charles P. Kocoras of the US District Court for the Northern District of Illinois. He was also an attorney in the New York office of a major international law firm where he focused on insurance and complex commercial matters in courts and tribunals across the country. Read More ›