White Paper Summary

With so many businesses and individuals rushing to embrace new technologies like AI and self-driving vehicles, carriers need to be vigilant.

All new technologies bring with them new exposures, and it will take the insurance industry some time to create appropriate solutions.

“It’s incumbent on the carrier to understand these specific use cases,” said Jason Keeler, integrated technology insurance product manager at Philadelphia Insurance Companies (PHLY).

“The potential for injury varies considerably depending on what they’re using it for.”

Here’s a look at four new emerging technologies and the potential exposures and insurance challenges companies could face because of them.

To learn more about Philadelphia Insurance Companies, please visit their website.

Philadelphia Insurance Companies (PHLY) offers product-specific resources, alliances, and service capabilities to achieve a multi-faceted approach to risk management, including safety program development, site audits, and training (including interactive web-based training). We offer a wide range of products and value-added services at financial terms to be agreed upon to help you achieve your risk management goals.