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All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. 

To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place. AI risks: what directors and officers need to know

AI Errors and Accountability

The widespread availability of OpenAI has led businesses to integrate it into their daily operations. While intended to aid people and improve work efficiency, a Deloitte AI ethics survey suggests that machine learning is prone to inherent biases and imperfections. The algorithm learns from provided examples to achieve desired outcomes, aiming for optimization. The widespread availability of OpenAI has led businesses to integrate it into their daily operations. While intended to aid people and improve work efficiency, a Deloitte AI ethics survey suggests that machine learning is prone to inherent biases and imperfections. The algorithm learns from provided examples to achieve desired outcomes, aiming for optimization.

Beyond Pricing Considerations for D&O Insurances

A Guidance Note on Guidance Note on Beyond Pricing Considerations for D&O Insurances for governance professionals to understand risk trends, coverage assessment and Questions to Ask Before Becoming Board DirectorsA Guidance Note on Guidance Note on Beyond Pricing Considerations for D&O Insurances for governance professionals to understand risk trends, coverage assessment and Questions to Ask Before Becoming Board Directors

Lockton Thailand Announces Key Promotions to Drive Future Success

Lockton, the world’s largest independent insurance brokerage, is pleased to announce two important promotions from within the organization. Effective from 1 May 2024, Suradee Malaiarisoon, Senior Director Major Accounts, will assume the role of Chief Executive Officer, Lockton Thailand, while Julio Camanag, Director Major Accounts, will be appointed as Deputy Chief Executive Officer, Lockton Thailand.Lockton, the world’s largest independent insurance brokerage, is pleased to announce two important promotions from within the organization. Effective from 1 May 2024, Suradee Malaiarisoon, Senior Director Major Accounts, will assume the role of Chief Executive Officer, Lockton Thailand, while Julio Camanag, Director Major Accounts, will be appointed as Deputy Chief Executive Officer, Lockton Thailand.
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