2024 Insurance Experts Predict: Generative AI Continues to Be an Unknown Risk
Insurance experts indicate that generative artificial intelligence will continue to be an unknown risk in the global insurance sector in 2024. Research from Beazley shows that 27% of global business executives believe cybersecurity will be a key risk in 2024. The cyber insurance market is expected to triple in size over the next three to four years, necessitating innovative cyber insurance solutions to meet the growing demand.