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How tokenomics is transforming the way insurers use AI

Brandon Nuttall, Chief Digital and AI Officer, Xceedance

Unless insurers understand the true cost of artificial intelligence tokens and manage them strategically, Brandon Nuttall, chief digital and AI officer at Xceedance, warns they risk spiralling expenses, inconsistent outcomes and new forms of operational risk.

Most people are using artificial intelligence in some form in their day-to-day lives, but the vast majority will have no idea how they are paying for it. 

Many, no doubt, assume that AI companies

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Who pays when AI gets it wrong in the boardroom?

Duane Folkard, lead cyber underwriter, and Sam Cornelius, lead management liability underwriter at rrelentless, examine whether current underwriting approaches adequately assess how artificial intelligence-generated information is used in decision making.

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