When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to a lack of clarity, according to panelists at The Professional Liability Underwriting Society’s 2024 cyber symposium in New York City.
“I mean, the thing with AI is it’s not new. It’s been around since the ’50s,” said Garrett Droege, director of innovation and digital risk practice leader at IMA. “Generative AI is pretty new, but it’s still a subset of deep learning and a subset of machine learning. It’s all been with us for a