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Could AI alter the legal position of brokers?

AI hallucination

Trade Voice: Professor Baris Soyer, director of the Institute of International Shipping and Trade Law at Swansea University, explains why brokers using artificial intelligence will stay legally accountable, even when the technology's errors lead to misrepresentation, non-disclosure, or poor policy advice. 

Brokers in the London market (and in most developed commercial insurance markets) are increasingly using artificial intelligence in their day-to-day operations, particularly in analysing large volumes

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McGill sold to EQT for £2bn

McGill and Partners and private equity firm EQT have entered into a definitive agreement in which the latter will acquire a majority stake in the former for $2bn (£1.5m).

AI in broking: why the debate must move on

For insurance brokers, Andy Lewis, head of people proposition at Hedron Network, says the artificial intelligence debate has shifted from whether to adopt the technology to how to embed it safely, practically and strategically so it delivers lasting value.

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