Compliance should protect firms from AI-washing investigations and insurance claims

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Insurance firms are warning that AI-washing could trigger a slew of cases against directors, and are adjusting their directors’ and officers’ liability premiums accordingly. With regulators cracking down on AI-washing – overstating the extent to which an organization is an AI business, or the value of its AI use to win investment or market share – compliance could be a crucial line of defence and save companies on their insurance costs.

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