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AI & Professional Liability Risks
AI washing: Understanding the risks | DWF Group
DWF Lobbying in AI Whilst the timelines are a matter of hotly contested debate, few with an understanding of the current capabilities of Artificial Intelligence (AI) deny it will fundamentally disrupt almost every aspect of legal service delivery. The importance to the legal profession is therefore unquestionable and it was considered vital that FOIL try to help its membership and industry partners navigate the uncharted waters of AI. As a result, FOIL established an AI Working Group, which is chaired by our Simon Murray, Head of Insurance Digital and Business Services. With such a vast subject, it would have been easy to achieve nothing by trying to ‘boil the ocean’ in trying to look at every element of the subject. Consequently, we divided the group into the three sub-groups to cover the following foundational subjects: Operations - How will AI impact insurance law firm operations and what should members do about it? Ethics - What are the ethical considerations for those in insurance and insurance law insofar as AI is concerned? Coverage - What are the various considerations for those dealing with coverage and coverage disputes relating to AI? The group has provided the membership with a well-attended session with various legal AI providers and will continue to provides actionable insights for members and insurance industry partners, so watch this space! |