Who Pays When AI Goes Wrong? Articles Big Data

Driverless cars are the most pressing AI-related consideration for the insurance industry, with recent advances from the likes of Google, Uber, and Volvo making it likely they will dominate the roads within the next decade. In June, British insurance company Adrian Flux began offering the first policy specifically geared towards autonomous and partly automated vehicles. The policy covers typical car insurance staples such as damage, fire, and theft, as well as accidents specific to AI - loss or damage as a result of malfunctions in the car's driverless systems, interference from hackers who have got into a car's operating system, failure to install vehicle software updates and security patches, satellite failure or outages affecting navigation systems, or failure of the manufacturer's vehicle operating system or other authorised software.