The insurer said a taskforce should work in partnership with insurers and other experts to improve public confidence in the government’s response to future risks. It noted that big areas of concern were artificial intelligence (AI), big data and cybersecurity. Axa’s Future Risks Report, which was published yesterday (30 October 2023), showed that risks associated with AI and big data were ranked as the fourth highest concern, its highest position ever recorded. ”It’s also worrying to see so many people feeling more vulnerable and a continuing lack of confidence in the authorities to manage these types of future risks. Axa said insurers also play an important role by providing innovative risk management tools and helping consumers and businesses to assess and plan for risks they face now and in the future.

Source: The Times October 31, 2023 13:02 UTC