Willis warns AI adoption outpaces governance, raising liability and insurability risks

PUBT · 05/28 08:01
Willis warns AI adoption outpaces governance, raising liability and insurability risks
- Willis Towers Watson research flagged widening governance, liability, and insurability risks as AI adoption outpaces control frameworks.
- Report found AI already embedded in underwriting, claims, cyber defense, and operational decisions, raising accountability questions for firms relying on opaque systems.
- Insurance market seen splitting between traditional wording with “silent AI” assumptions versus affirmative AI coverage tied to stricter governance requirements.
- Cyber risk expected to become harder to benchmark; global cybercrime costs projected at USD 10.5 trillion annually by 2025 versus about USD 3 trillion in 2015.
- Willis called for leaders to challenge AI outputs, tighten oversight, and build transparency to protect resilience and competitiveness.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Willis Towers Watson plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605280400PRIMZONEFULLFEED9727509) on May 28, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.